Press Producer prices of agricultural products in June 2022 up 33.9% on June 2021

Grain prices down 8.0% month on month

Press release No. 344 of 15 August 2022

Producer prices of agricultural products, total, June 2022
+33.9% on the same month a year earlier
-1.9% on the previous month

Prices of plant products
+35.7% on the same month a year earlier

Prices of animal products
+32.8% on the same month a year earlier

WIESBADEN – Producer prices of agricultural products were 33.9% higher in June 2022 than in June 2021. The Federal Statistical Office (Destatis) reports that the year-on-year decrease thus slightly slowed again. The rate of change had been +35.6% in May 2022 and +40.0% in April 2022. Compared with the previous month, prices fell by 1.9% in June 2022. Prices of both plant products (+35.7%) and animal products (+32.8%) rose significantly on the same month a year earlier, though less sharply than in May 2022 (+36.9% and +34.7%, 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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