ELSTAT: 19.7% rise in the output price index in agriculture-livestock in March

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The general Output Price Index in Georgia – Livestock (without subsidies) increased by 19.7% in March 2022, compared to the corresponding index of March 2021.

The corresponding index of March 2021, compared to March 2020, had increased by 3.7%.

According to ELSTAT data, the increase of the General Output Price Index by 19.7% in March 2022, compared to the corresponding index of March 2021, is due to the increase of 22.6% of the crop production price index and mainly in the change of the fruit group.

The General Output Price Index for March 2022, compared to the index for February 2022, showed an increase of 9.5%.

The weighted average Output Index of the twelve months April 2021 – March 2022, compared to the corresponding index of the twelve months April 2020 – March 2021, showed an increase of 14.1%.

The General Index of Input Prices in Georgia – Livestock of March 2022, compared to the corresponding index of March 2021, showed an increase of 26.5% compared to an increase of 3.4% in the comparison of March 2021 with March 2020.

The increase of the General Input Price Index by 26.5% in March 2022, compared to the corresponding index of March 2021, is due to the increase of 30.4% in the price index of consumables and mainly to the change of the energy and lubricants.

Source: Capital

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