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CSO statistical release, , 11am

Agricultural Price Indices

February 2019

OutputInputTerms of Trade
Base year 2015=100
February 2018106.8100.2106.6
January 2019103.9105.598.5
February 2019104.0105.598.6
Monthly % Change0.1%0.0%0.1%
Annual % Change-2.6%5.2%-7.5%

Agricultural input price index up 5.2% in the year to February 2019

Agricultural Price Indices Headline Graph
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The agricultural output price index increased by 0.1% in February 2019 compared with January 2019. The agricultural input price index has remained unchanged over the same period. Thus, the resulting terms of trade index increased by 0.1% in February 2019. See Tables 1, 2 and graph.

On an annual basis, the agricultural input price index increased by 5.2% in February 2019 compared with February 2018. The agricultural output price index was down 2.6% in February 2019 compared with February 2018. See Tables 1 and 2. 

A further comparison of the February 2019 output sub-indices with the February 2018 sub-indices shows that milk and cattle decreased by 10.3% and 7.5% respectively.

On the input side, the largest increases were in feeding stuffs and fertilisers which were up 10.1% and 9.1% respectively on February 2018 prices.