In the 12 months to February 2025, the Agricultural Output Price Index rose by 20.2%, while the Agricultural Input Price Index dropped by 3.1%.
The Agricultural Output Price Index for February 2025 was up by 2.6% in the month since January 2025, while the Input Price Index was up marginally by 0.8%.
The most significant Output Price increases in the 12 months to February 2025 were in Cattle (+27.2%), Milk (+24.4%), and Sheep (+23.8%), while decreases were recorded in Potatoes (-4.4%) and Vegetables (-1.5%).
Over the 12 months to February 2025, there were significant reductions in the Input prices recorded for Electricity (-7.0%), Feed (-6.6%), and Fertilisers (-3.3%), while Plant Protection Products increased by 4.8% and Veterinary Expenses rose by 4.7%.
Terms of Trade rose by 1.8% in February 2025 when compared with the previous month and was 24.1% higher when compared with February 2024.
| Agricultural Price Indices - February 2025 | |||
| Output | Input | Terms of Trade | |
| Base year 2020=100 | |||
| February 2024 | 135.9 | 129.9 | 104.6 |
| January 2025 | 159.3 | 125.0 | 127.4 |
| February 2025 | 163.4 | 125.9 | 129.7 |
| Monthly % Change | 2.6% | 0.8% | 1.8% |
| Annual % Change | 20.2% | -3.1% | 24.1% |
The overall monthly Agricultural Output and Input Price Indices are presented in Figure 1. Table 1 and Table 2 contain detailed indices listed from February 2024 to February 2025.
Figure 2 displays a selection of input price indices from February 2024 to February 2025.
Figure 3 shows the main components of the output price index of agricultural products from February 2024 to February 2025.
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Statistician's Comment
The Central Statistics Office (CSO) has today (15 April 2025) published Agricultural Price Indices February 2025.
Commenting on the release, Sam Scriven, Senior Statistician in the Agriculture Division, said: "Agricultural prices rose in the month to February 2025, with the Output Price Index increasing by 2.6% and the Input Price Index rising by 0.8%.
Compared with February 2024, the Output Price Index has risen by 20.2%, while the Input Price Index has fallen by 3.1%.
The Output Price Indices for Cattle (+27.2%), Milk (+24.4%), and Sheep (+23.8%) all rose over the 12 months to February 2025 while the Indices for Potatoes (-4.4%) and Vegetables (-1.5%) were both lower than in February 2024.
Within the Input Price Index, Electricity (-7.0%), Feeding Stuffs (-6.6%), and Fertilisers (-3.3%) were lower than in February 2024."