Topics
Agriculture, forestry and fisheryPrices and consumption

Record high rise in the purchase prices of means of agricultural production continued in the second quarter of 2022

Statistics:
Reference period:
2022, 2nd quarter
Published:
Next release:
Publication type:
release

According to Statistics Finland, the purchase prices of the means of agricultural production rose by 32 per cent in the second quarter of 2022. Agricultural production commodities and services cost 41 per cent more and investments 10 per cent more than one year ago. Input prices rose in every respect as raw material, energy and transport costs went up. Fertilisers cost over double, energy 53 per cent more and fodder nearly 44 per cent more than one year ago. The rise in prices is considerably higher than the general inflation, which was close on seven per cent in the second quarter of 2022.

Key points

  • The index of purchase prices of the means of agricultural production rose by 32 per cent in the second quarter of 2022.
  • The prices of fertilisers rose by 119 per cent in the second quarter of 2022.
  • The price of energy went up by 53 per cent in the second quarter of 2022.
  • The prices of animal fodder rose by 44 per cent in the second quarter of 2022.
  • The prices of agricultural investments rose by ten per cent in the second quarter of 2022.

Figures

See key statistical data in the figures.
15.08.2022

Index of purchase prices of the means of agricultural production (2000=100), 1995Q1-2022Q2

Tables

See key statistical data in the tables.
15.08.2022

Index of purchase prices of the means of agricultural production, 2022Q2

Database tables

Database tables related to this release

Updated database tables
Classifications used:
  • Timeperiod
  • Classification of Index of purchase prices of the means of agricultural production
Updated:
Classifications used:
  • Timeperiod
  • Classification of Index of purchase prices of the means of agricultural production
Updated:
Classifications used:
  • Timeperiod
  • Classification of Index of purchase prices of the means of agricultural production
Updated:
Classifications used:
  • Classification of Index of purchase prices of the means of agricultural production
  • Timeperiod
Updated:

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Marianne Rautelin
Senior Statistician
029 551 3421
Head of Department in charge