Input Price Index and Prices in Agriculture, Q1 2020
The Kosovo Agency of Statistics (KAS) has published the "Input Price Index and Prices in Agriculture" in the first quarter of 2020 (Q1 2020) (2015 = 100).
KAS has changed the base year of the index from 2010 = 100 in 2015 = 100 according to the methodology of Eurostat.
This publication is based on the prices of agricultural inputs collected in Kosovo. Price collection has been carried out in agricultural pharmacies, veterinary pharmacies, in companies, markets and other places where the prices of agricultural inputs are available. Some prices of agricultural inputs are obtained from consumer prices (HICP) in KAS.
Outputs which form the basis for the Input Price Index are divided into two main groups: Goods and Services Currently Consumed in Agriculture (Input 1) and Goods and Services that Contribute to agricultural Investment (Input 2). Within the group of Goods and Services currently consumed in agriculture prices are collected according to the following groups: seeds and planting material, energy; oils, fertilizers and soil conditioners, plant and pesticide protection products, veterinary costs, feed for animal feed, material maintenance, building maintenance, and other goods and services.
In terms of goods and services that contribute to agricultural investment, prices are collected for materials (machinery and other equipment), buildings and other (non-residential farm buildings, other works other than land improvement).
In the first quarter of 2020, the index of input 1 increased by 1.7% compared to the same period in 2019. Meanwhile, the index of input 2 increased by 7.8%.
The total index of inputs (Input I + Input II) has increased by 4.6%, compared to the same period of 2019.