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Description

The index of purchase prices of the means of agricultural production measures the price developments in the cost factors of agriculture. The index shows by how much the purchase prices of the means of agricultural production have changed when compared with the index base period. As a rule, the weights of the index are calculated from the agricultural accounts of national accounts. The base year is changed at five-year intervals, when the weight structure is also reviewed. The index in use at the moment is 2015=100. A more detailed description of the content of the index is given in Eurostat’s publication Handbook for EU agricultural price statistics.

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