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Irish CSO Reports


20 February 2013

Irish CSO: Agricultural Price Indices - December & Year 2012Irish CSO: Agricultural Price Indices - December & Year 2012


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Output Input Terms of Trade
Base year 2005=100
2011 127.9 129.2 99.0
2012 132.7 135.1 98.3
% Change 3.8% 4.5% -0.7%

Agricultural Input Price Index up 4.5% in 2012

The agricultural input price index increased by 4.5% in 2012 compared with 2011. The agricultural output price index increased by 3.8% over the same period. Thus, the resulting terms of trade index decreased by 0.7% in 2012.

The most significant price changes year on year were:

  • Potatoes (incl. seeds), cereals (incl. seeds), cattle and pigs prices increased by 30.5%, 16.5%, 12.0%, 10.8% respectively, while milk and sheep prices decreased by 9.5% and 4.4%.
  • Energy, seeds, feeding stuffs and fertiliser prices increased by 8.2%, 7.3%, 6.3% and 3.0% respectively.

On a monthly comparison, the agricultural output price index in December 2012 was 1.4% higher than in November 2012. The agricultural input price index was up 0.2% in December 2012 compared with November 2012.

Agricultural Price Indices

February 2013

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