KSH: the solid rise in agricultural prices covers big differences

In December last year, the annual increase in agricultural purchase prices moderated from 5.2 percent in November to 0.6 percent, despite the 49.5 percent rise in the purchase price of pigs – according to the Central Statistical Office (KSH) website. December’s rate of increase was also below the annual average of 5.4 percent.

The average bridges high extremes, between a two-digit drop in wheat prices and a nearly 50 percent rise in the purchase price of pigs.

The average purchase price of crop and horticultural products in December was 1.4 percent lower than the high base of a year ago and declined by 2.0 percentage points, compared to the previous month. (MTI)