|Output||Input||Terms of Trade|
|Base year 2015=100|
Preliminary estimates of the agricultural price indices for 2019 show a 2.6% increase in input prices from 2018 levels while output prices are estimated to decrease by 1%. See Tables 1, 2 and graph.
The projected increase in the input price index of 2.6% is due mainly to an increase in fertilisers (5.6%) and feeding stuffs (3.8%). See Table 2.
The projected decrease in the output price index of 1% is due mainly to decreases in cattle (-6%) and milk (-5.6%). See Table 1.