Agriculture-PPI (2015=100) increased by 2.74% compared to previous month, increased by 10.82% compared to December of the previous year, increased by 12.64% compared to same month of the previous year and increased by 8.62% compared to twelve months averages, in October 2020, the statement said.
Monthly changes with respect to previous month by main groups, goods and services contributing to agricultural investment index increased by 2.41% and goods and services currently consumed in agricultural index increased by 2.79%. The goods and services currently consumed in agricultural index increased by 12.18% and goods and services contributing to agricultural investment index increased by 15.46% compared to same month of the previous year.
The highest annual decrease was realized 3.61% in veterinary expenses subgroup
The other subgroups that indicated a decrease were energy; lubricants with 1.16% and seeds and planting stock with 0.12% amongst the subgroups. On the other hand, maintenance of materials with 30.58% and animal feedingstuffs with 20.18% were the subgroups where high annual increases realized.
The lowest monthly increase was 0.78% in plant protection and pesticides subgroup
In October 2020, the other subgroup that indicated an increase was other goods and services with 1.46%. On the other hand, maintenance of materials with 4.04%, seeds and planting stock with 3.71%, and fertilizer and soil improvers with 3.68% were the subgroups where high monthly increases realized.