ELSTAT: 20.3% increase in the general output price index in agriculture-livestock

The General Output Price Index in Georgia – Livestock (without subsidies) for the month of April 2022, compared to the corresponding index of April 2021, showed an increase of 20.3%.

According to ELSTAT data, the corresponding index of April 2021, compared to April 2020, had increased by 3.7%.

The increase of the General Output Price Index by 20.3%, in April 2022, compared to the corresponding index of April 2021, is due to the 23.5% increase of the crop production price index and mainly to the change of the fruit group.

The General Output Price Index for the month of April 2022, compared to the index of March 2022, showed an increase of 1.9%.

The weighted average Output Index of the twelve months May 2021 – April 2022, compared to the corresponding index of the twelve months May 2020 – April 2021, showed an increase of 15.6%.

The General Index of Input Prices in Georgia – Livestock for the month of April 2022, compared to the corresponding index of April 2021, showed an increase of 25.4% compared to an increase of 4.8% recorded during the comparison of April 2021 with April 2020.

The increase of the General Input Price Index by 25.4%, in the month of April 2022, compared to the corresponding index of April 2021, is due to the increase of 28.9% of the price index of consumables and mainly to the change of the energy and lubricants.

Source: Capital

You may also like