Türkiye’s agricultural input prices see significant rise in June
The Turkish Statistical Institute (TÜİK) announced on Tuesday that the Agricultural Input Price Index has experienced substantial increases.
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According to the statement, the index rose by 47.56% year-on-year and 0.93% month-on-month.
In June, the Agricultural-IPI increased by 16.66% compared to December of the previous year. Compared to the same month last year, it saw a 47.56% rise, and there was a 42.99% increase based on a twelve-month moving average.
Monthly changes were noted in two main categories: goods and services currently consumed in agriculture saw a 0.61% increase, while goods and services contributing to agricultural investment rose by 2.84%. Year-on-year, goods and services consumed in agriculture increased by 44.60%, and those contributing to agricultural investment saw a significant rise of 67.47%.
Veterinary expenses marked the highest annual change with a 114.01% increase, while other goods and services recorded the highest monthly change at 3.67%. (ILKHA)
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