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CSO statistical release, , 11am

Agricultural Price Indices

July 2019

OutputInputTerms of Trade
Base year 2015=100
July 2018104.5102.7101.8
June 2019107.2105.5101.7
July 2019102.2105.297.2
Monthly % Change-4.7%-0.3%-4.4%
Annual % Change-2.2%2.5%-4.5%

Agricultural input price index up 2.5% in the year to July 2019

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The agricultural output price index decreased by 4.7% in July 2019 compared with June 2019. The agricultural input price index decreased by 0.3% over the same period. Thus, the resulting terms of trade index was minus 4.4% in July 2019. See Tables 1, 2 and graph.

On an annual basis, the agricultural input price index increased by 2.5% in July 2019 compared with July 2018. The agricultural output price index was down 2.2% in July 2019 compared with July 2018. See Tables 1 and 2.

A further comparison of the July 2019 output sub-indices with the July 2018 sub-indices shows that cattle and sheep decreased by 6.9% and 5.4% respectively.

On the input side, the July 2019 sub-indices show that fertilisers and feeding stuffs were up 6.6% and 3.6% respectively on July 2018 prices.