KSH: The performance of agriculture increased in spite of the price reduction

According to the first estimates, the output value of the agricultural sector in 2014 at current prices exceeded last year’s result by 3.6 percent.

The volume of output grew by 9.2 percent beside a 4.9 percent price decline – the Central Statistical Office (KSH) announced on Wednesday on the basis of the preliminary data of the farm bill system.

The data show that the agricultural sector continuously surpassing previous year's performance since 2011. The gross added value at constant prices increased by 21 percent last year, and at current prices increased by 11 percent – the Central Statistical Office (KSH) added. (MTI)