Press release No. 017 of 13 January 2023
Producer prices of agricultural products, total, November 2022
+31.9% on the same month a year earlier
-0.5% on the previous month
Prices of plant products
+16.7% on the same month a year earlier
Prices of animal products
+43.7% on the same month a year earlier
WIESBADEN – Producer prices of agricultural products were 31.9% higher in November 2022 than in November 2021. The Federal Statistical Office (Destatis) reports that the year-on-year increase continued to slow. The year-on-year rate of change had been +37.9% in October 2022 and +40.3% in September 2022. Compared with October 2022, prices fell by 0.5%. The prices of plant products rose by 16.7% on the same month a year earlier, which was a smaller increase than that of animal products prices (+43.7%). The rate of change had been +37.9% for plant products in October 2022 and +46.8% for animal products. Month-on-month changes in November 2022 were -1.5% for plant products and +0.2% for animal products.
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.
