Index of purchase prices of means of agricultural production rose by 22.4 per cent in January

The year-on-year change in the purchase prices of means of agricultural production calculated by Statistics Finland was 22.4 per cent in January. Agricultural production commodities and services cost 28.7 per cent more and investments eight per cent more than one year ago. Prices of agricultural production inputs have gone up exceptionally much in a short time. Russia's attack on Ukraine also causes additional pressure to increase input prices. Price changes should therefore be monitored more frequently. In future, the database tables of the index of producer price of agricultural products will be updated monthly at a lag of around 45 days from the end of the statistical reference month

Index of purchase prices of the means of agricultural production 2015=100, 1/2010–1/2021

Index of purchase prices of the means of agricultural production 2015=100, January 2022

Index (2015=100)	Index point 1/2022	Monthly change, %	Yearly change, %
Index total	126,9	2,2	22,4
Goods and services currently consumed in agriculture	130,7	2,6	28,7
Goods and services contributing to agricultural investment	117,6	1,2	8,0

Source: Index of producer prices of agricultural products. Statistics Finland

Inquiries: Marianne Rautelin 029 551 3421, mthi@stat.fi

Head of Department in charge: Katri Kaaja

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Updated 16.3.2022

Referencing instructions:

Official Statistics of Finland (OSF): Index of purchase prices of the means of agricultural production [e-publication].
1st quarter 2022. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/ttohi/2022/01/ttohi_2022_01_2022-03-16_tie_001_en.html