KSH: in August, the increase in the price of animal products dragged down agricultural prices

By: STA Date: 2022. 10. 12. 11:58

The increase in agricultural purchase prices continued to accelerate in August due to the sharper increase in the price of live animals and animal products – according to the latest data of the Central Statistical Office (KSH) published on Wednesday.

(Photo: Pixabay)

The 53.9 percent increase in the price of animal products in August was 8.3 percentage points higher than the previous month, as the 62.5 percent increase in the purchase price of milk was 8.7 percentage points higher, and the 36.8 percent annual increase in the price of eggs was 6.2 percentage points higher than in July. . The increase in the purchase price of live animals jumped from 48.5 percent in July by 6.6 percentage points to 55.1 percent. The purchase price of plant growing and horticultural products increased by 52.5 percent in one year, which is a 0.5 percentage point more moderate increase than in July. Agricultural purchase prices were on average 52.9 percent higher than last August, while in July the overall price increase was 50.7 percent. Among live animals, the purchase price of pigs increased by 5.5 percentage points compared to the previous month, to 64.4 percent, the annual increase in the price of slaughter cattle changed from 61.7 percent in July to 59.9 percent, and the price of slaughter poultry by 51.6 percent became higher after the 49.9 percent increase in July. Among poultry, the price of hens rose by 47.6 percent, goose by 55.9 percent, turkey by 42.3 percent, and duck by 74.2 percent since last August.

Among vegetable and horticultural products, the price increase of vegetables and potatoes accelerated in August, while the price increase of cereals and fruits slowed down compared to the rate in July

In August, the price of potatoes was 37.3 percent higher than a year earlier, after an 18.8 percent increase in the previous month, while the increase in the price of vegetables increased from 27.4 percent to 44.0 percent. The price of cucumbers is 37.4%, the purchase price of tomatoes is 16.6% higher than in August last year, the price of cauliflower is 23.8%, the price of carrots is 21.7%, and the price of red onion is 27.4% higher. Green peas became more expensive by 45.4%, green beans by 68.2%, spinach by 33.3%, the price of head cabbage went up by 53.5%, and the price of head lettuce only 0.8% higher than the purchase price of last August. The purchase price of cereals is 76.6 percent higher than in August last year, while in July the annual increase was 82.2 percent. The annual increase in the purchase price of wheat decreased from 106.9 percent in July to 92.1 percent, and that of rye decreased from 115.8 percent to 85.8 percent, while the 63.0 percent pace of the rise in the price of corn was only 0.3 percentage points slower, and that of barley was 94.4 percent to 93.1 percent.

The price of fruits is on average 1.7 percent lower than last August, but within this, the purchase price of apples is 15.5 percent, pears 23.7 percent, cherries 24.1 percent, plums 30.2 percent higher, peaches 0, It is 7 percent lower and that of delicatessen grapes only increased by 1.1 percent.

MTI