Price Indices in Agriculture, First Quarter of 2016

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Price Indices in Agriculture, First Quarter of 2016

20.05.2016 11:00:00

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Price Indices in Agriculture, First Quarter of 2016

The producer price index in agriculture in the first quarter of 2016 decreased by 5.0% in comparison with the same quarter of 2015. The crop output index decreased by 1.8% and the animal output index - by 7.5%. In comparison with previous year the prices of agricultural output went down by 3.6 %. The crop output index decreased by 3.6% and the animal output index - by 3.5%.

The index of prices of goods and services currently consumed in agriculture in the first quarter of 2016 was 0.1% below the level in the same quarter of previous year and by 3.3% compared to 2015.

The National Statistical Institute (NSI) is a state institution in Bulgaria that collects, processes and disseminates official statistical information on social, economic and demographic processes in the country. The NSI's activities are aimed at providing objective and reliable data that support informed decision-making by the state, business and society. The Institute works in accordance with international statistical standards and is an active participant in the European Statistical System.