Press Producer prices of agricultural products up 22.5% in February 2022 year on year

Highest increase in producer prices of agricultural products for more than ten years

Press release No. 164 of 13 April 2022

Producer prices of agricultural products, total, February 2022
+22.5% on the same month a year earlier
+3.3% on the previous month

Prices of plant products
+23.8% on the same month a year earlier

Prices of animal products
+21.4% on the same month a year earlier

WIESBADEN – Producer prices of agricultural products were 22.5% higher in February 2022 than in February 2021. Compared with the same month a year earlier, this is the highest rise in prices since May 2011. Prices were up by 3.3% compared with January 2022. The Federal Statistical Office (Destatis) also reports that the prices of plant products (+23.8%) and animal products (+21.4%) increased markedly compared with the same month of the previous year.

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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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