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Methodological explanation for the news release:


Agricultural price indices


Data sources

Data sources on prices of input and output are monthly reports gathered from business entities in the gross trade, cooperatives and agricultural holdings that sell goods for current expenditures in agriculture and products for agricultural production out of sector.

Definitions

Input in agriculture covers goods, services and investment that agricultural producers invest currently for continuous development in agricultural production.

Output in agriculture coveres production in the agricultural sector, purchased or sold outside the sector.

Calculation method

The weights by groups are derived based on data from EAA as a three-year average 2003-2005.

The weights by products which use to calculate agricultural price index (input and output) is given of annual average value of purchase prices of agricultural stuff for 2003-2005, products value at current prices by 2003-2005.



Last updated: 08.02.2011


   

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