Producer Price Index of Agricultural Products (Agriculture-PPI) increased by 22.80% annually and 1.34% monthly. Droughts trigerred by the climate crisis and Turkey’s high dependence on imported agricultural inputs keep elevating prices along with the devaluation of TL.
Compared to the previous month in sectors; forestry products and related services increased by 0.61%, products of agriculture, hunting and related services increased by 1.33% and fishing products and other fishing products increased by 2.54%. Regarding monthly changes by main groups; non-perennial crops increased by 0.51%, live animals and animal products increased by 0.53% and perennial crops increased by 4.26%.
Agriculture-PPI annual change (%), July 2021
In July 2021, cereals (except rice), leguminous crops and oil seeds with 35.04% and pome fruits and stone fruits with 34.27% were the subgroups where high increase realized. On the other hand, vegetables and melons, roots and tubers with 2.06%, rice (in hulk) with 7.13% and oleaginous fruits with 11.51% were the subgroups that indicated low annual increase.
