KSH: The decline in agricultural prices continued in January

Agricultural producer prices continued to decline in January by 13.4 percent, compared to a year earlier. In particular, the price of crop products declined by 19.6, the price of live animals and animal products fell by 0.7 percent – the Central Statistics Office (KSH) reported on Thursday.

The purchase price of cereals was 25.1 percent lower in January 2014, than a year before, while the price of live animals fell by 5.4 percent. The annual price increase of potatoes slowed down to 8.1 percent, from the 11.9 percent price increase of December, while the price increase of milk, however, accelerated to 16.4 percent, from 14.8 percent. (MTI)