Agricultural purchase prices have increased enormously

In March, the increase in agricultural purchase prices gained momentum, they were 37.4 percent higher than a year earlier, which is 12.5 percentage points more than February’s 24.9 percent. In the first quarter, agricultural producer prices increased by an average of 33.9 percent compared to the same period last year, even though the annual price increase was already 13.0 percent – according to the latest data from the Central Statistical Office (KSH).