Bulgaria's Producer Prices in Agriculture Fall 0.8% Y/Y in Q2 2016
Bulgaria’s producer prices in agriculture have dropped by 0.8% year-on- year in the second quarter, as the crop output index rose 0.6%, while the animal output index fell 2.2%.
The prices of goods and services used by agricultural producers in the second quarter of 2016 fell 4.8% compared with the same period of 2015 and was down by 3.8% compared to 2015 average, the National Statistical Institute (NSI) announced on Tuesday.
Cereals prices were 5.7% lower in the second quarter of 2016 compared to the same period of 2015; soft wheat dropped by 10.3%, barley prices decreased by 6.8%, and prices of fresh vegetables fell 15.7%. The prices of industrial crops rose 9.9%, fodder prices soared 28%, and fresh fruit prices increased by 10.5%.
Compared to the second quarter of 2015, an increase was registered in the price of live animals (+1.3%), while the prices of animal products fell 4.7%, the NSI said.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
- » Two Trains Collide in western Czechia, Dozens Are Injured
- » Wwestern Balkans Make Progress towards Visa Libralisation
- » Athens Braces up for Inferno as Fire Creeps Near Greek Capital
- » ITN Achieve Understanding on Number of Cabinet Members in Talks with Democratic Bulgaria and Rise Up BG
- » Bulgarian Factories Prepare to Shut Down as Electricity Prices Hit Record Peak
- » First EU Anti-Covid Vaccination Robot Arrives in Bulgaria