Agricultural input inflation was 40.97 in September
According to TÜİK data, the agricultural input price index (Agriculture-GFE) increased by 40.97 percent annually and 2.63 percent monthly in September.
Turkish Statistical Institute (TUIK) announced the Agricultural Input Price Index (Agriculture-GFE) for September 2023.
In Agriculture-GFE (2015=100), in September 2023, 2.63 percent compared to the previous month, 33.13 percent compared to December of the previous year, 40.97 percent compared to the same month of the previous year and twelve-month averages There was an increase of 56.87 percent compared to
FEED PRICE INCREASED THE MOST
The subgroups with the lowest increase compared to the same month of the previous year were fertilizer and soil improvers with 14.35 percent and animal feed with 26.44 percent. The subgroups with the highest annual increase were veterinary expenses with 106.79 percent and supplies with 91.34 percent, respectively.
The subgroups with the lowest increase compared to the previous month were animal feed with 0.91 percent and agricultural chemicals with 1.24 percent, respectively. On the other hand, the subgroups with the highest monthly increase were seeds and planting materials with 7.75 percent and materials with 5.21 percent, respectively.
In the main groups, compared to the previous month, there was a 2.36 percent increase in the index of goods and services used in agriculture and a 4.31 percent increase in the index of goods and services that contribute to agricultural investment. Compared to the same month of the previous year, there was an increase of 35.80 percent in the index of goods and services used in agriculture and an increase of 81.65 percent in the index of goods and services that contribute to agricultural investment.
