ELSTAT: 18.3% increase in the output price index in agriculture-livestock

The General Output Price Index in Georgia – Livestock (without subsidies) for the month of January 2022, compared to the corresponding index of January 2021, showed an increase of 18.3%.

According to ELSTAT data, the corresponding index of January 2021, compared to January 2020, had decreased by 2.3%.

The increase of the General Output Price Index by 18.3%, in January 2022, compared to the corresponding index of January 2021, is due to the increase of 25.3% of the crop production price index and mainly to the change of the fruit group.

The General Output Price Index for the month of January 2022, compared to the index for December 2021, showed a decrease of 1.7%.

The weighted average Output Index of the twelve months February 2021 – January 2022, compared to the corresponding index of the twelve months February 2020 – January 2021, showed an increase of 11.9%.

The General Index of Input Prices in Georgia – Livestock for the month of January 2022, compared to the corresponding index of January 2021, showed an increase of 18.6% compared to a decrease of 1.3% in the comparison of January 2021 with January 2020.

The increase of the General Input Price Index by 18.6%, in the month of January 2022, compared to the corresponding index of January 2021, is due to the increase of 21.6% of the price index of consumables and mainly to the change of the energy and lubricants.

The General Index of January 2022, compared to the index of December 2021, showed an increase of 3.2%.

The average Income Index of the twelve months February 2021 – January 2022, showed an increase of 9.3% compared to the corresponding index of the twelve months February 2020 – January 2021.

Source: Capital

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