Agricultural products become 5% more expensive, says Cepea

In April, the IPPA/CEPEA (Producer Price Index of Agricultural Product Groups) recorded an increase of 5% in nominal terms compared to March 2021. According to information from Cepea, this result reflects the positive variations recorded in the indices IPPA-Grain, up 4.2%; IPPA-Livestock, up 1.6%; and IPPA-Cane-Coffee, with an important advance of 23.2%. On the other hand, in the same comparison, the IPPA-Horticultural products index registered a drop of 7.4%.

Source: Money Times