The Turkish Statistical Institute released data on the agricultural producer price index for January.

SHAFAQNA TURKEY- Accordingly, the index rose by 11.08 percent in January compared to the previous month, by 142.84 percent compared to the same month of the previous year and by 139.25 percent compared to the 12-month average.

By sectors, compared with the previous month, the growth of forestry products and related services amounted to 1.27 percent, fish and other fisheries products – 2.73 percent, agricultural and hunting products and related services – 11.5 percent. Compared to the previous month, major groups recorded an increase of 8.84 percent for annual plant products, 10.39 percent for live animals and animal products, and 17.76 percent for perennial plant products.

According to the annual Agri-PPI, 6 subgroups showed lower changes and 5 subgroups showed higher changes. The subgroups with low annual growth were identified as fibrous plants with 59.47% and sheep and goats with 94.65%, live animals and their raw milk and wool.

The subgroups with the highest annual growth were citrus with 266.98% and paddy rice with 183.09%.

According to the monthly agricultural PPI, 9 subgroups showed lower changes and 2 subgroups showed higher changes. Compared to the same month of the previous year, the subgroups with lower monthly gains were rice with 1.8 percent and cereals (excluding rice), legumes and oilseeds with 2.04 percent.

The subgroups in which the increase was higher compared to the previous month were vegetables and melons-watermelons, root crops and tubers with 18.51 percent and live poultry and eggs with 14.08 percent.

In January, the average price of 15 out of 86 items included in the index decreased, while the average price of 67 of them increased.