Increase in agricultural indices

Agriculture & fishery
Increase in agricultural indices

There was a general increase in input prices in March. The price index for agricultural inputs rose by 5.8% compared to the previous month and by 24.5% compared to March 2021. Mainly the price increases for fertilisers and energy are driving this inflation compared to last year. Higher prices are also registered for animal feed compared to March last year: +27.6% for the index and +9.0% between February and March 2022. The overall producer price index is also on an upward trend. The index for pigs reaches 137.9; it had not exceeded the 100 mark (base=2015) since June 2021.

Cereals also show prices that are clearly higher than those observed in February: +39.8% for the index.