DIA Distribuidora Internacional de Alimentaci&oa : Input and Output Price Indices in Agricultural and Livestock Production(Base Year 2015=100.0) (Provisional Data), November 2019

HELLENIC REPUBLIC

HELLENIC STATISTICAL AUTHORITY

Piraeus, 15 January 2020

PRESS RELEASE

INPUT AND OUTPUT PRICE INDICES IN AGRICULTURE - LIVESTOCK: NOVEMBER 2019

The evolution of the Input and Output Price Indices with base year 2015=100.0 for November 2019, according to provisional data, is as follows:

The Output Price Index in Agriculture - Livestock (excluding subsidies)decreased by 2.8% in November 2019, compared with November 2018. The corresponding index in November 2018 had recorded a decrease of 0.3%, compared with November 2017 (Table 1, Graph 1).

The decrease of 2.8% in the Output Price Index in November 2019 compared with November 2018 is on account of (Table 1) decrease 3.5% of the price index in crop output group; and mainly on the rates of change of the groups: olive oil, industrial crops, vegetables and horticultural products and potatoes (including seeds).

The Output Price Index in November 2019 decreased by 1.7%, in comparison with October 2019 (Table 2).

The twelve-month weighted average output index from December 2018 to November 2019 increased by 0.5%, compared with the corresponding index of the period from December 2017 to November 2018 (Table 3).

The Input Price Index in Agriculture - Livestockdecreased by 1.1% in November 2019, compared with November 2018. The corresponding index in November 2018 had recorded an increase of 2.5%, compared with November 2017 (Table 4, Graph 1).

The decrease of 1.1% in the Input Price Index in November 2019 compared with November 2018 is on account of (Table

1. decrease 1.4% of the price index in goods and services currently consumed in agriculture group and mainly on the rates of change of the groups: energy and lubricants and animal feedingstuffs.

Graph 1. Evolution of Input and Output Price Indices in Agriculture - Livestock (2015=100.0)

110
106
102
98
94
90
11 12	1	2	3	4	5	6	7	8	9 10 11 12	1	2	3	4	5	6	7	8	9	10 11 12	1	2	3	4	5	6	7	8	9	10 11
2016						2017								2018									2019
											Output Price Index									Input Price Index
Information on methodological issues:											Information for data provision:
Agriculture, Livestock, Fisheries and Environmental Statistics Division					Tel: [phone], 2308, 2310
Agricultural Input-Output &Indices Section									Email: [e-mail]
Contact persons: N. Gerasimopoulou, P. Katsiris
Tel: [phone]

Fax: [phone]

Email: [e-mail], [e-mail]

- 1 -

The Input Price Index in November 2019, decreased by 0.2%, in comparison with October 2019 (Table 5).

The twelve-month average input index from December 2018 to November 2019 increased by 0.1%, compared with the corresponding index of the period from December 2017 to November 2018 (Table 6).

Table 1. Annual rates of change of the Output Price Indices in Agriculture - Livestock

Base year: 2015=100.0

							Monthly					November				Change (%)
	Code			Main groups			weighting					2018		2017					2018/2017
							coefficient (%)			2019					2019/2018
140000			AGRICULTURAL GOODS OUTPUT	8.37		96.9	99.7		100.1		-2.8	-0.3
	100000			CROP OUTPUT			7.17			96.5		100.1		100.1			-3.5		-0.1
010000			Cereals (including seeds)	1.63		97.9	96.1		93.6		1.9	2.7
	020000			Industrial crops			0.93			98.7		112.9		115.3			-12.5		-2.1
030000			Forage plants	0.38		81.6	82.6		79.5		-1.2	3.8
	040000			Vegetables and horticultural			1.11			95.8		100.0		89.8			-4.3		11.4
			Products
050000			Potatoes (including seeds)	0.11		105.2	128.8		78.1		-18.4	64.9
	060000			Fruits			2.00			103.3		99.7		100.6			3.7		-0.9
070000			Wine (incl. must)	0.02		98.4	98.5		98.3		-0.1	0.2
	080000			Olive oil			0.94			83.1		98.6		118.1			-15.8		-16.5
090000			Other crop products	0.03		106.7	106.9		106.7		-0.2	0.2
	130000			ANIMAL OUTPUT			1.20			99.1		97.7		99.6			1.4		-1.9
110000		Animals	0.69		101.1	97.8		102.2		3.4	-4.3
	120000			Animal products			0.51			96.4		97.6		96.2			-1.2		1.5

Note: The indices and the percentage changes are published rounded up to one decimal figure.

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Table 2. Monthly rates of change of the Output Price Indices in Agriculture - Livestock

Base year: 2015=100.0

Code

Main groups

Weighting

November

October

Change

November

October

Change

coefficient (%)

2019

2019

(%)

2018

2018

(%)

140000			AGRICULTURAL GOODS	100.00		96.9	98.5	-1.7		99.7	102.8	-3.0
		OUTPUT
	100000			CROP OUTPUT			71.72			96.5		98.5		-2.0			100.1		103.4		-3.3
010000			Cereals (including seeds)	8.27		97.9	97.4	0.5		96.1	96.0	0.0
	020000			Industrial crops			5.60			98.7		102.2		-3.4			112.9		113.7		-0.8
030000			Forage plants	4.84		81.6	82.0	-0.4		82.6	82.9	-0.3
	040000			Vegetables and horticultural			16.41			95.8		98.4		-2.7			100.0		105.0		-4.7
			products
050000			Potatoes (including seeds)	2.13		105.2	101.9	3.2		128.8	119.7	7.6
	060000			Fruits			22.69			103.3		101.1		2.2			99.7		100.5		-0.8
070000			Wine (incl. must)	0.30		98.4	98.4	0.0		98.5	98.5	0.0
	080000			Olive oil			11.33			83.1		88.0		-5.6			98.6		100.2		-1.5
090000			Other crop products	0.15		106.7	106.7	0.0		106.9	106.9	0.0
	130000			ANIMAL OUTPUT			28.28			99.1		99.1		-0.1			97.7		97.8		-0.1
110000		Animals	12.88		101.1	100.7	0.4		97.8	98.1	-0.3
	120000			Animal products			15.40			96.4		96.7		-0.4			97.6		97.4		0.1

Note: The indices and the percentage changes are published rounded up to one decimal figure.

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Table 3. Evolution of the Output Price Index in Agriculture - Livestock

Base year: 2015=100.0

			Monthly rates of	Annual rates of	12-month weighted	12-month weighted
Year and month	Overall Index	average index	moving average rates
change (%)	change (%)
			(moving average)	of change (%)
2017:	1	102.5	4.9	5.7	98.4	-1.5
	2	101.3	-1.2	5.2	98.7	-0.8
	3	103.6	2.2	5.4	99.1	0.0
	4	100.1	-3.3	4.0	99.4	0.9
	5	100.3	0.2	3.6	99.7	1.6
	6	98.2	-2.0	0.3	99.8	1.5
	7	96.6	-1.7	-5.4	99.3	0.7
	8	95.0	-1.7	-2.1	99.2	0.8
	9	96.7	1.8	-1.4	99.0	0.9
	10	103.6	7.1	3.2	99.4	1.2
	11	100.1	-3.4	2.6	99.6	1.5
	12	99.1	-0.9	1.4	99.7	1.7
Annual Average	99.7
2018:	1	99.2	0.1	-3.3	99.5	1.1
	2	99.8	0.6	-1.6	99.4	0.7
	3	101.6	1.8	-1.9	99.3	0.1
	4	99.7	-1.8	-0.4	99.2	-0.2
	5	98.7	-1.0	-1.6	99.1	-0.6
	6	97.9	-0.8	-0.4	99.1	-0.7
	7	100.0	2.2	3.5	99.3	0.0
	8	98.4	-1.7	3.5	99.6	0.4
	9	98.8	0.5	2.2	99.8	0.8
	10	102.8	4.0	-0.8	99.7	0.3
	11	99.7	-3.0	-0.3	99.7	0.1
	12	98.9	-0.9	-0.3	99.7	0.0
Annual Average	99.7
2019:	1	100.1	1.3	0.9	99.7	0.2
	2	100.0	-0.1	0.2	99.7	0.3
	3	104.2	4.2	2.5	99.9	0.7
	4	103.2	-0.9	3.5	100.2	1.0
	5	101.3	-1.8	2.7	100.5	1.4
	6	100.9	-0.4	3.1	100.7	1.7
	7	102.5	1.5	2.4	100.9	1.6
	8	98.5	-3.9	0.1	100.9	1.3
	9	98.4	-0.1	-0.4	100.9	1.1
	10	98.5	0.1	-4.1	100.4	0.7
	11	96.9	-1.7	-2.8	100.2	0.5
	12
Annual Average

Note: The indices and the percentage changes are published rounded up to one decimal figure.

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Table 4. Annual rates of change of the Input Price Indices in Agriculture - Livestock

Base year: 2015=100.0

	Code			Main groups			Weighting				November				Change (%)
					coefficient (%)
							2019		2018		2017			2019/2018		2018/2017
220000			INPUT TOTAL	100.00		102.5	103.6		101.1		-1.1	2.5
	200000			GOODS AND SERVICES CURRENTLY			83.21			102.6		104.0		101.0			-1.4		3.0
			CONSUMED IN AGRICULTURE
201000			Seeds and planting stock	4.81		101.6	101.5		100.9		0.2	0.5
	202000			Energy and lubricants			22.32			114.6		117.3		108.1			-2.3		8.5
203000			Fertilizers and soil improvers	5.23		98.1	97.8		97.4		0.3	0.4
	204000			Plant protection products and			4.59			101.0		101.2		101.0			-0.2		0.3
			pesticides
205000			Veterinary expenses	1.47		102.6	101.4		101.8		1.2	-0.4
	206000			Animal feedingstuffs			34.57			96.9		98.8		96.3			-1.9		2.6
207000			Maintenance of materials	3.82		103.1	103.2		102.9		-0.1	0.3
	208000			Maintenance of buildings			0.32			100.6		100.1		100.2			0.5		-0.1
209000			Other goods and services	6.08		96.0	95.7		103.1		0.3	-7.2
				GOODS AND SERVICES
	210000			CONTRIBUTING TO AGRICULTURAL		16.79			102.3		101.8		101.6			0.5		0.2
				INVESTMENT
211000			Materials	14.52		103.3	102.6		102.1		0.7	0.5
	211110			Rotovators and other 2 wheel			1.44			99.9		100.0		99.6			-0.1		0.4
			equipment
211120			Machinery and plant for cultivation	2.90		105.9	103.6		102.8		2.2	0.8
	211130			Machinery and plant for harvesting			2.37			102.7		102.2		102.0			0.5		0.2
211140			Farm machinery and installations	3.26		103.0	101.8		101.3		1.1	0.5
	211210			Tractors			0.86			100.7		100.3		99.4			0.4		0.9
211290			Other vehicles	3.69		103.9	104.3		103.8		-0.4	0.4
	212000			Buildings			2.27			95.9		96.5		98.3			-0.6		-1.9

Note: The indices and the percentage changes are published rounded up to one decimal figure.

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Table 5. Monthly rates of change of the Input Price Indices in Agriculture - Livestock

Base year: 2015=100.0

	Code			Main groups			Weighting			November		October			Change			November		October		Change
					coefficient (%)			2019		2019				(%)			2018			2018		(%)
220000			INPUT TOTAL	100.00		102.5	102.7		-0.2		103.6			104.1	-0.4
				GOODS AND SERVICES
	200000			CURRENTLY CONSUMED IN		83.21			102.6		102.8			-0.2			104.0			104.5		-0.5
				AGRICULTURE
201000			Seeds and planting stock	4.81		101.6	101.6		0.0		101.5			101.7	-0.2
	202000			Energy and lubricants			22.32			114.6		114.9			-0.3			117.3			120.3		-2.5
203000			Fertilizers and soil improvers	5.23		98.1	98.2		-0.1		97.8			97.5	0.3
	204000			Plant protection products and			4.59			101.0		100.8			0.2			101.2			101.1		0.1
			pesticides
205000			Veterinary expenses	1.47		102.6	102.2		0.4		101.4			101.4	0.0
	206000			Animal feedingstuffs			34.57			96.9		97.1			-0.1			98.8			98.2		0.5
207000			Maintenance of materials	3.82		103.1	103.7		-0.6		103.2			103.2	0.0
	208000			Maintenance of buildings			0.32			100.6		100.5			0.0			100.1			99.9		0.1
209000			Other goods and services	6.08		96.0	97.1		-1.2		95.7			95.2	0.5
				GOODS AND SERVICES
	210000			CONTRIBUTING TO		16.79			102.3		102.2			0.1			101.8			101.7		0.0
				AGRICULTURAL INVESTMENT
211000			Materials	14.52		103.3	103.1		0.2		102.6			102.5	0.1
	211110			Rotovators and other 2 wheel			1.44			99.9		100.0			-0.1			100.0			99.9		0.1
			equipment
211120			Machinery and plant for	2.90		105.9	105.4		0.5		103.6			103.5	0.1
		cultivation
	211130			Machinery and plant for			2.37			102.7		102.7			0.0			102.2			102.2		0.0
			harvesting
211140			Farm machinery and	3.26		103.0	102.8		0.1		101.8			101.8	0.1
		installations
	211210			Tractors			0.86			100.7		100.0			0.7			100.3			100.3		0.0
211290			Other vehicles	3.69		103.9	103.9		0.0		104.3			104.3	0.0
	212000			Buildings			2.27			95.9		95.9			0.0			96.5			96.5		0.0

Note: The indices and the percentage changes are published rounded up to one decimal figure.

- 6 -

Table 6. Evolution of the Input Price Index in Agriculture - Livestock

						Base year: 2015=100.0
Year and month	Overall Index	Monthly rates of change	Annual rates of change	12-month average index	12-month moving average
(%)	(%)	(moving average)		rates of change (%)
2017:	1	101.4	2.2	3.9	98.4		-1.5
	2	101.4	0.1	4.4	98.8		-0.9
	3	101.0	-0.4	3.3	99.0		-0.3
	4	101.0	0.0	3.5	99.3		0.2
	5	100.3	-0.8	2.4	99.5		0.7
	6	99.8	-0.4	1.1	99.6		1.0
	7	99.5	-0.3	1.1	99.7		1.3
	8	99.7	0.3	2.0	99.9		1.6
	9	99.8	0.0	1.9	100.0		1.9
	10	100.5	0.7	2.1	100.2		2.1
	11	101.1	0.5	2.6	100.4		2.4
	12	101.0	0.0	1.8	100.6		2.5
Annual Average	100.6
2018:	1	101.9	0.9	0.5	100.6		2.2
	2	101.6	-0.3	0.1	100.6		1.9
	3	101.4	-0.1	0.4	100.6		1.6
	4	102.1	0.6	1.0	100.7		1.4
	5	102.9	0.8	2.6	101.0		1.4
	6	103.2	0.3	3.4	101.2		1.6
	7	103.2	0.0	3.8	101.5		1.9
	8	103.4	0.1	3.6	101.8		2.0
	9	103.7	0.3	3.9	102.2		2.2
	10	104.1	0.4	3.5	102.5		2.3
	11	103.6	-0.4	2.5	102.7		2.3
	12	102.4	-1.1	1.4	102.8		2.2
Annual Average	102.8
2019:	1	102.2	-0.2	0.3	102.8		2.2
	2	102.8	0.6	1.2	102.9		2.3
	3	103.4	0.6	2.0	103.1		2.4
	4	103.8	0.4	1.7	103.2		2.5
	5	104.0	0.1	1.0	103.3		2.3
	6	102.5	-1.4	-0.7	103.3		2.0
	7	102.5	0.0	-0.7	103.2		1.6
	8	102.3	-0.2	-1.0	103.1		1.2
	9	102.6	0.3	-1.1	103.0		0.8
	10	102.7	0.1	-1.3	102.9		0.4
	11	102.5	-0.2	-1.1	102.8		0.1
	12
Annual Average

Note: The indices and the percentage changes are published rounded up to one decimal figure.

- 7 -

Graph 2. Evolution of the Output Price Index in Agriculture - Livestock and of the sub-indices

of Crop and Animal Production (2015=100.0)

114

112

110

108

106

104

102

100

98

96

94

92

90

11 12	1	2	3	4	5	6	7	8	9	10 11 12	1	2	3	4	5	6	7	8	9	10 11 12	1	2	3	4	5	6	7	8	9	10 11
2016						2017									2018									2019
				Output Price Index				Crop Production Index				Animal Production Index

Graph 3. Evolution of the Input Price Index in Agriculture - Livestock and of the sub-indices of

Intermediate Consumption and Capital Formation (2015=100.0)

110
108
106
104
102
100
98
96
94
92
90
11 12	1	2	3	4	5	6	7	8	9	10 11 12	1	2	3	4	5	6	7	8	9	10 11 12	1	2	3	4	5	6	7	8	9	10 11
2016						2017									2018									2019

Input Price Index	Intermediate Consumption	Capital Formation

- 8 -

Graph 4. Annual rates of change (%) of the Output Price Index in Agriculture - Livestock and of

the sub-indices of Crop and Animal Production (2015=100.0)

20

15

10

5

0

-5

-10

-15

11 12	1	2	3	4	5	6	7	8	9	10 11 12	1	2	3	4	5	6	7	8	9	10 11 12	1	2	3	4	5	6	7	8	9	10 11
2016						2017									2018									2019
				Output Price Index					Crop Production Index				Animal Production Index

Graph 5. Annual rates of changes (%) of the Input Price Index in Agriculture - Livestock and of

the sub-indices of Intermediate Consumption and Capital Formation (2015=100.0)

20
15
10
5
0
-5
-10
-15
11 12 1	2	3	4	5	6	7	8	9 10 11 12 1	2	3	4	5	6	7	8	9 10 11 12 1	2	3	4	5	6	7	8	9 10 11
2016					2017							2018							2019

Input Price Index

Intermediate Consumption

Capital Formation

- 9 -

	METHODOLOGICAL NOTES
Generally	The compilation of the Input and Output Price Indices in Agriculture and Livestock started in 1967 with base
	year 1966=100.0.
Purpose of the indices-	The purpose of the Output Price Index is to measure the relative change in the prices that the producers
definitions	receive in the agricultural - livestock sector from the sale of their products. The purpose of the Input Price
	Index is to measure the change in the prices paid by producers for the purchase of the means, goods and
	services used in the production process.
	The Output Price Index is composed of the crop and the animal output sub-indices. The Input Price Index
	consists of the sub-indices of intermediate consumption and of fixed capital formation goods.
	As regards the Output Price Index, the prices collected are the market prices of the products. The market
	price is defined as the price received by the producer without subsidies, transport expenses and excluding
	VAT or other taxes or levies.
	As regards the Input Price Index, the collected prices refer to the prices paid for by the producers to buy the
	goods and services they need for their agricultural and livestock production, excluding VAT and transport
	expenses.
Legal basis	The compilation of the Input and Output Price Indices in the Agriculture and Livestock sector is based on
	voluntary agreements between Eurostat and the Member States. The foundations for these agreements
	were laid in the early seventies.
Reference period	Month.
Base year	2015=100.0.
Revision	The Input and Output Price Indices are fixed-basis indices. The most recent revision took place with base year
	2015=100.0, with April 2018 as first reference month. The revision was carried out in the framework of the
	agreement between EU Member States and the European Union (EU), according to which, for reasons of
	comparability, these indices have to be revised every five (5) years and more specifically in the years ending
	in 0 and 5.
Statistical classification	According to the common methodology used by the EU Member States and Eurostat, the groups of products
	of the Agricultural Price Indices follow the same classification of the groups as in EAA (Economic Agricultural
	Accounts).
Geographical coverage	The indices cover the whole country.
Coverage of economic	The Input and Output Price Indices cover the transactions for products and services in the sector of
activities	agriculture and livestock. In addition, the transactions for olive oil and must - wine are covered, which are
	included in the manufacturing sector when their production - manufacturing process takes place at the level
	of agricultural unit, thus it is considered to be an activity of the agricultural sector.
Seasonality	Seasonality of products influences the agricultural and livestock production and as a result some products
	are not available every month in a calendar year. For this reason, the weighting coefficients of output
	products differ per month in the year.
Statistical survey	The sources of price collection are the agricultural cooperatives (unions), which collect the final products, as
	well as, the commercial and the industrial enterprises, which buy the final products directly from the
	producers.
	The price data for the output price index are collected from approximately 745 sources and price data for
	input prices are collected from approximately 665 sources.
Publication of data	The Input and Output Price Indices with the new base year (2015) are released since June 2018 with April
	2018 data as first reference month. The retrospective calculations of the time series of indicators before 2015
	were calculated by dividing the product and group price indices by the corresponding price index of 2015
	(with b.y. 2010=100.0), so that the changes (monthly and annual) of the time series indicators remain the
	same.
References	More information on the methodology concerning the compilation and calculation of the indices, as well as
	the time series is available on the website of ELSTAT, at:
	http://www.statistics.gr/en/statistics/-/publication/DKT30/-
	- 10 -