Canadian Farm Input Price Index falls 0.2% in Q4 2013 amid 2.4% drop in animal production, Statistics Canada say
Nevin Barich
OTTAWA
,
April 15, 2014
(press release)
–
The Farm Input Price Index decreased 0.2% in the fourth quarter of 2013.
Animal production (-2.4%) put downward pressure on the index while machinery and motor vehicles (+1.1%) put upward pressure on the index.
The index fell in three provinces in the fourth quarter. Quebec (-1.5%) contributed the most to the national decline.
Nationally, farm input prices increased 1.0% between the fourth quarter of 2012 and the fourth quarter of 2013.
General business costs (+4.7%) contributed the most to the year-over-year price movement.
The index increased in nine provinces between the fourth quarter of 2012 and the fourth quarter of 2013. The largest contribution to the increase was in Alberta (+2.2%).
* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.
