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Irish CSO Reports

25 April 2012

Agricultural Price Indices February 2012Agricultural Price Indices February 2012

Agricultural output price index was down 1.5% in February 2012.

The agricultural output price index decreased by 1.5% in February 2012 compared with January 2012.

The agricultural input price index increased by 0.2% over the same period. Thus, the resulting terms of trade index decreased by 1.6% in February 2012. See Tables 1a, 2a and graph (Full Report).

The seasonally adjusted output price index in February 2012 was 0.4% lower than in January 2012. See Table 3.

On an annual comparison, the agricultural output price index in February 2012 was 11.1% higher than in February 2011. The agricultural input price index was up 1.6% in February 2012 compared with February 2011.

A further comparison of the February 2012 sub-indices with February 2011 shows that:

  • Cattle, poultry and pig prices increased by 21.6%, 20.5% and 8.8% respectively, while potatoes (incl. seeds) decreased by 16.6%. See Tables 1a and 1b.
  • Energy, seed and fertiliser prices increased by 9.6%, 4.2% and 3.8% respectively, while feeding stuffs decreased by 0.3%. See Tables 2a and 2b.

Annual EU output and input price index changes (base year 2005 = 100) for selected items are shown at the back of this release.

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