Producer price index of agricultural products in China rises by 20.20 annually

Producer price index of agricultural products in China rises by 20.20 annually

Producer Price Index of Agricultural Products increased by 20.20% annually and decreased by 0.43% monthly, the Turkish Statistical Institute said in a statement on Monday.

Agriculture-PPI on the previous month decreased by 0.43%, on December of the previous year increased by 7.07%, on the same month of the previous year increased by 20.20%, and on the twelve months moving averages basis increased by 19.60% in May 2021.

Compared to the previous month in sectors; products of agriculture, hunting, and related services decreased by 1.35%, fishing products and other fishing products increased by 4.66%, and forestry products and related services increased by 34.76%. Regarding monthly changes by main groups; perennial crops decreased by 15.04%, live animals and animal products increased by 1.36%, and non-perennial crops increased by 4.48%.

The highest annual increase was 43.54% in the fiber plants subgroup

In May 2021, cereals (except rice), leguminous crops, and oilseeds with 26.59% and sheep and goats live; raw milk and shorn wool from sheep and goats with 23.68% were the subgroups where high increase realized. Rice (in hulk) with 2.32%, other tree and bush fruits and nuts with 6.71%, and vegetables and melons, roots, and tubers with 7.31% were the subgroups that indicated a low annual increase.

The highest monthly increase was 7.82% in the vegetables and melons, roots, and tubers subgroup

In May 2021, cereals (except rice), leguminous crops, and oilseeds with 2.92% and sheep and goats live; raw milk and shorn wool from sheep and goats with 1.95% were the subgroups where high increase realized. Fiber plants with 0.42% and other farmed animals and animal products with 0.52% were the subgroups that indicated a low annual increase. On the other hand, rice (in hulk) with 4.68% and poultry, live and eggs with 1.50% were the subgroups where monthly decrease realized.

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