Press High demand caused strong increase in producer prices of plant products in March 2021

Prices of animal products continued to decline

Press release No. 228 of 17 May 2021

Producer prices of agricultural products, March 2021
+0.2% on the same month a year earlier
+4.6% on the previous month

WIESBADEN – Producer prices of agricultural products were 0.2% higher in March 2021 than in March 2020. The Federal Statistical Office (Destatis) also reports that the decline in animal product prices was offset by an increase in plant product prices. Compared with February 2021, total prices were up by 4.6%.

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