The Agricultural Producer Price Index increased by 0.8% during the first eleven months of 2024
The monthly report issued by the Department of Statistics indicates an increase in the agricultural producer price index for the first eleven months of 2024 by 0.8% compared with the same month in 2023.The report also noted a 26.3% increase in the agricultural producer price index for November 2024 compared to the same month in 2023, and a 19.8% increase compared to the previous month of the same year.
As a result, the agricultural producer price index for the first eleven months of 2024 reached 109.4, compared to 108.6 for the same period in 2023. The agricultural producer price index for November 2024 stood at 122.1, up from 96.7 in November 2023. Additionally, the index for November 2024 increased to 122.1, compared to 101.9 in October of the same year.