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PRODUCER PRICE INDEX IN AGRICULTURE INCREASES BY 4.82 PERCENT!

Producer Price Index of Agricultural Products (Agriculture-PPI) soared by 4. 82 percent in December and 151.03 percent annually in 2022, the Turkish Statistical Institute (TÜİK) announced on Jan. 16.

“Compared to the previous month in sectors, forestry products and related services decreased by 3.45 percent, products of agriculture, hunting and related services rose by 5.03 percent and fish and fishing products increased by 5.37 percent,” TÜİK said.

“Regarding monthly changes by main groups, non-perennial crops decreased by 1.67 percent, live animals and animal products increased by 7.81 percent and perennial crops increased by 15.90 percent,” it added.

Fiber plants, with 82.94 percent, and products and by-products from sheep and goats, such as raw milk and wool, with 91.54 percent, were the subgroups that indicated the lowest annual increase.

On the other hand, citrus fruits, with 309.17 percent and vegetables and melons, roots and tubers, with 191.66 percent, were the subgroups where high annual rises were realized, as per official data.

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