Product costs are 19.1% dearer in February – 2024-06-22 09:09:18

The Common Output Value Index in Agriculture – Livestock (excluding subsidies) recorded a major improve of 19.1% in February 2024, in comparison with February 2023.

Accordingly, the corresponding output value index in Agriculture – Livestock February 2023, in comparison with February 2022, had proven a rise of 20.5%.

As identified by ELSTATthe rise within the Common Output Value Index by 19.1% within the month of February 2024, in comparison with the corresponding index in February 2023, is because of: a) the 37.3% improve within the value index of plant manufacturing and primarily to the change in olive oil and fruit teams, and b) the 1.4% improve within the value index of animal manufacturing.

The Common Index of Output Costs in the course of the month of February 2024, in comparison with the index of January 2024, confirmed a rise of 0.5%. The weighted common Outflow Index of the twelve months March 2023 – February 2024, in comparison with the corresponding index of the twelve months March 2022 – February 2023, confirmed a rise of 15.1%.

It’s famous that within the Output Value Index the collected costs are the sale costs of the merchandise. The disposal value is outlined as the value acquired by the producer with out subsidies, transport prices, VAT or different taxes deducted.

The Common Index of Enter Costs in Agriculture – Livestock for the month of February 2024, in comparison with the corresponding index for February 2023, confirmed a lower of two.1% towards a rise of 9.6% that occurred when evaluating February 2023 to February 2022.

In line with the newsit, the lower of the Common Enter Value Index by 2.1% within the month of February 2024, in comparison with the corresponding index of February 2023, is because of: a) the lower by 3.2% of the value index of consumables and primarily within the change within the animal feed group and b) within the 3.7% improve within the value index of mounted capital formation.

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Within the Enter Value Index the costs collected are the costs paid by producers after they purchase services and products for agricultural and livestock manufacturing and are freed from VAT and transport prices.

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