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Germany's producer prices of agricultural products in November 2021 20.8% higher

Christian Fernsby |
Producer prices of agricultural products were 20.8% higher in November 2021 than in November 2020.

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Topics: GERMANY   

This has been the highest year-on-year increase in prices since July 2018. Compared with October 2021, the prices were up by 4.1%.

The Federal Statistical Office (Destatis) also reports that especially the prices of plant products rose on the same month of the preceding year.

In November 2021, they were 29.4% higher than in November 2020. The prices of animal products increased by 14.9% year on year.

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