KSH: agricultural producer prices grew by 4.8 percent

Agricultural producer prices increased by 4.8 percent in October, compared to the same period last year. The increase is related to the 12.2 percent increase in the prices of crop products, while the prices of live animals and animal products continued to decline by 5.9 percent – the Central Statistical Office (KSH) announced on Monday.

All key vegetable product prices increased in October. The price of potatoes increased by the lowest rate, by 9 percent, while the price of fruits increased most significantly, by 26 percent.

The price of cereals rose by 12 percent, compared to October 2014, mainly due to the 23 percent increase in the price of corn. The producer price of wheat increased by 0.4 percent. (MTI)