Press Producer prices of agricultural products up 21.1% in January 2022 year on year

Again higher prices of grain, potatoes, rape and milk; decline in vegetable prices

Press release No. 103 of 11 March 2022

Producer prices of agricultural products, total, January 2022
+21.1% on the same month a year earlier
+1.7% on the previous month

Prices of plant products
+23.6% on the same month a year earlier

Prices of animal products
+19.3% on the same month a year earlier

WIESBADEN – Producer prices of agricultural products were 21.1% higher in January 2022 than in January 2021. Compared with December 2021, the prices were up by 1.7%. The Federal Statistical Office (Destatis) also reports that the prices of plant products and animal products recorded a substantial increase on the same month a year earlier (+23.6% and +19.3%, respectively).

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Methodological note:

Complete results for years, business years and months of the producer prices of agricultural products are available in the GENESIS-Online database in tables 61211-0001 to 61211-0003.

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