Price Indices in Agriculture, Fourth Quarter of 2020

The producer price index in agriculture in the fourth quarter of 2020 increased by 15.8% in comparison with the same quarter of 2019. The crop output index increased by 19.9%, while the animal output index decreased by 5.3%. In comparison with previous year, the prices of agricultural output went up by 17.5% as result of the increase in crop output price index was by 20.9% and the animal output price index decreased by 0.4%.

The index of prices of goods and services currently consumed in agriculture in the fourth quarter of 2020 was by 4.5% lower compared to the same quarter of previous year and by 3.8% compared to 2019.