Agricultural prices

Increase in output prices for milk and eggs

Agriculture & fishery
Increase in output prices for milk and eggs

In July, output prices of edible horticultural products decreased compared to the previous year. Compared to July 2021, the vegetable index decreased by 9.2% and the fruit index fell by 27.5%.

Over the same period, the agricultural index increases, driven, among others, by the price increases for milk and eggs. Indeed, the index for animal products increased by 61.7% compared to July 2021.

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Purpose and brief description

The agricultural price indexes (API) are above all used to analyze the evolution of prices and their impact on the agricultural income. The purpose of the price indexes is to provide information on trends in producer prices of agricultural products and purchase prices of the means of agricultural production. These indexes should allow comparing the trends between the member states and the European Union as well as between various products within a member state or the European Union. They should also facilitate the comparison between the trend of output prices and that of purchase prices of the means of agricultural production.

Population

Agricultural holdings active in Belgium during the reference period

Frequency

Monthly

Timing publication

Results available 45 days after the reference period

Definitions

Agricultural output price index :It is the agricultural output price index based on the sales of agricultural products delivered outside the agricultural sector.

Index of the purchase prices of the means of agricultural production : It is the index of purchase prices of the means of agricultural production to the exclusion of agricultural products as production means.

Average price of the agricultural and horticultural products : It is the average price received by the farmer when selling agricultural products.

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