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Irish CSO Reports


19 October 2012

Irish CSO Reports - Agricultural Price Indices August 2012Irish CSO Reports - Agricultural Price Indices August 2012

The agricultural input price index was up 1.7 per cent in August 2012.
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The agricultural input price index increased by 1.7% in August 2012 compared with July 2012. The agricultural output price index increased by 0.3% over the same period. Thus, the resulting terms of trade index decreased by 1.3% in August 2012. See Tables 1a, 2a and graph.

The seasonally adjusted output price index in August 2012 was 0.6% higher than in July 2012. See Table 3.

On an annual basis, the agricultural input price index in August 2012 was 5.1% higher than in August 2011. The agricultural output price index was up 4.3% in August 2012 compared with August 2011.

A further comparison of the August 2012 sub-indices with August 2011 shows that:

  • Energy, seeds, feeding stuffs and fertiliser prices increased by 9.4%, 7.7%, 7.5% and 2.3% respectively. See Tables 2a and 2b.
  • Potatoes (incl. seeds), cereals (incl. seeds), poultry, eggs, pigs, cattle and sheep prices increased by 177.2%, 30.2%, 14.6%, 11.1%, 9.1%, 9.0% and 3.8% respectively, while the price of milk decreased by 13.6%. See Tables 1a and 1b.

Annual EU output and input price index changes (base year 2005 = 100) for selected items are shown at the back of this release.

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