Price Indices in Agriculture, Fourth Quarter of 2016

The producer price index in agriculture in the fourth quarter of 2016 decreased by 5.1% in comparison with the same quarter of 2015. The crop output index decreased by 4.2%, as well the animal output index - by 11.2%. In comparison with previous year the prices of agricultural output went down by 3.3% due to the fall in crop output price index - by 2.6% and in animal output price index - by 7.3%.

The index of prices of goods and services currently consumed in agriculture in the fourth quarter of 2016 was 1.2% below the level in the same quarter of previous year and by 3.2% compared to 2015.