KSH: the rise in agricultural producer prices accelerated further

By: Trademagazin editor Date: 2021. 10. 13. 11:45

In August, the rise in agricultural purchase prices accelerated for the fourth month in a row, from 21.3 percent in July to 24.1 percent.

Maize has become 50 percent more expensive in one year

The rise was driven by plant products, with their average price level 32.7 percent higher than a year before, up 4.9 percentage points from July. The average annual price increase for live animals and animal products moderated from 9.1 percent in the previous month to 7.9 percent. (MTI)