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Agricultural input price index in Turkey rises by 29.58% annually
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Agriculture-IPI (2015=100) increased by 4.17% compared to previous month, increased by 22.19% compared to December of the previous year, increased by 29.58% compared to same month of the previous year and increased by 23.60% compared to twelve months moving averages, in October 2021.

Monthly changes by main groups, goods and services contributing to agricultural investment index increased by 2.37% and goods and services currently consumed in agricultural index increased by 4.46%. The goods and services contributing to agricultural investment index increased by 23.17% and the goods and services currently consumed in agricultural index increased by 30.64% compared to same month of the previous year.

Compared to general Agricultural-IPI, lower annual change observed in 8 subgroups while 3 subgroups were higher

Subgroups that indicated low increase were seeds and planting stocks with 12.11% and materials with 14.81%. On the other hand, fertilizer and soil improvers with 90.15% and farm buildings (non-residential) with 43.94% were the subgroups that high annual increase realized.

Compared to general Agricultural-IPI, lower monthly change observed in 7 subgroups while 4 subgroups were higher

Materials with 1.36% and veterinary expenses with 1.54% were subgroups that indicated low monthly increase. On the other hand, fertilizer and soil improvers with 14.97% and seeds and planting stock with 5.50% were the subgroups which high monthly increase realized. (ILKHA)



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