Agricultural Producer Price Index Decreased by 0.93% Month-on-Month in August
· Bloomberg HT

According to TurkStat data, the agricultural producer price index fell by 0.93% in August compared to the previous month, while the annual increase was recorded at 21.91%.
Agricultural PPI Declined on a Monthly Basis
According to data published by the Turkish Statistical Institute (TurkStat), the agricultural producer price index decreased by 0.93% on a monthly basis in August, while showing a 21.91% increase on an annual basis. The index rose by 9.20% compared to December of the previous year and by 34.47% based on twelve-month averages. When examined on a sectoral basis, services related to agricultural and hunting products saw a 0.86% decrease. Forestry products and related services recorded a 1.74% decrease, while the fishing and aquatic products group experienced a monthly decline of 1.77%.
Price Movements Varied Across Product Groups
Examining the main groups, single-year plant products experienced a 6.23% decrease, while multi-year plant products saw a 3.22% increase, and live animals and animal products recorded a 2.00% increase. On an annual basis, the highest increase was observed in vegetables, melons, watermelons, and tubers at 69.99%, while soft and hard-shelled fruits decreased by 27.69%. On a monthly basis, the sub-group with the highest increase was tropical fruits with a 153.75% rise, while the sharpest decline occurred in grape prices at 25.83%.
Monthly Change Rates in Agricultural Sub-Groups
TUIK
- Tropical fruits monthly increase
- 153.8%
- Perennial crop products monthly change
- 3.2%
- Live animals and animal products monthly change
- 2%
- Agriculture and hunting products monthly change
- -0.9%
- Forestry products monthly change
- -1.7%
- Fishing and aquaculture products monthly change
- -1.8%
- Annual crop products monthly change
- -6.2%
- Grapes monthly decrease
- -25.8%