ELSTAT: 16.8% increase in the output price index in agriculture in February

Output Price Index in Georgia – Livestock (without subsidies) was higher by 16.8% in February 2022, compared to the corresponding index in February 2021, according to ELSTAT data.

The corresponding index of February 2021, compared to February 2020, had decreased by 1.0%.

The increase of the General Output Price Index by 16.8%, in the month of February 2022, compared to the corresponding index of February 2021, is due to the increase of 20.6% of the crop production price index and mainly to the change of the vegetables and vegetables.

The General Output Price Index for the month of February 2022, compared to the index for January 2022, showed an increase of 1.8%.

The weighted average Outflow Index of the twelve months March 2021 – February 2022, compared to the corresponding index of the twelve months March 2020 – February 2021, showed an increase of 12.9%.

The General Index of Input Prices in Georgia – Livestock for the month of February 2022, compared to the corresponding index of February 2021, showed an increase of 20.3% compared to an increase of 0.9% recorded during the comparison of February 2021 with February 2020.

The increase of the General Input Price Index by 20.3%, in the month of February 2022, compared to the corresponding index of February 2021, is due to the increase of 23.4% of the price index of consumables and mainly to the change of the energy and lubricants.

Source: Capital

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