Agricultural input costs continued to rise in February

The Turkish Statistical Institute (TÜİK) has released the Agricultural Input Price Index (Tarım-GFE) data for February 2025. According to the data, the index increased by 2.35 percent compared to the previous month, while the total increase for the first two months of the year was recorded at 8.38 percent.

Compared to the same period last year, the Agricultural Input Price Index rose by 28.92 percent. When considering the twelve-month averages, the rate of increase was determined to be 37.78 percent.

The index for goods and services used in agriculture increased by 2.40 percent on a monthly basis in February, while this rate was 2.02 percent for the index of goods and services contributing to agricultural investment. On an annual basis, agricultural inputs increased by 27.49 percent, and agricultural investment items increased by 37.80 percent.

While the 52.51 percent annual increase in veterinary expenses is particularly noteworthy, the highest monthly increase occurred in seeds and planting materials at 3.78 percent. These data indicate that input inflation in the agricultural sector continues.

News Source: 12punto