{"id":21737,"date":"2025-01-22T13:47:22","date_gmt":"2025-01-22T13:47:22","guid":{"rendered":"https:\/\/www.selinawamucii.com\/news\/?p=21737"},"modified":"2025-01-22T13:50:26","modified_gmt":"2025-01-22T13:50:26","slug":"czech-agricultural-producer-prices-climb-8-1","status":"publish","type":"post","link":"https:\/\/www.selinawamucii.com\/news\/2025\/01\/22\/czech-agricultural-producer-prices-climb-8-1\/","title":{"rendered":"Czech Republic’s agricultural producer prices climb 8.1%"},"content":{"rendered":"\n

Czech agricultural producer prices steered upward by 8.1%<\/u><\/a> year-on-year in December 2024, driving food prices up. <\/p>\n\n\n\n

According to a January 17, 2025 release by the Czech Statistical Office, most costs emanate from related industries such as energy.<\/p>\n\n\n\n

The outlook points to hefty price tags ahead for basic foodstuff, a trend already apparent in commercial food.<\/p>\n\n\n\n

A monthly rise in industrial food production costs by 0.3% in December 2024 particularly affected processed basics including dairy and eggs.\u00a0<\/p>\n\n\n\n

Milk, Eggs, Chocolate on the Rise<\/strong> <\/h3>\n\n\n\n

Semi-skimmed milk was retailing at 21.5 Czech Koruna<\/u><\/a> ($0.88) in late 2024 while a single egg cost 6.4 Koruna ($0.26).<\/p>\n\n\n\n

Furthermore, December 2024\u2019s headline inflation at 2.8% could spill over to 2025 and occasion average 3.8% price gains in apples, eggs and butter. <\/p>\n\n\n\n

Other popular products such as beverages are also on the line of getting pricey. Indeed, Luk\u00e1s Kovanda, an economist, foresees chocolate retailing 20% more than previously due to ongoing global cocoa price trends. <\/p>\n\n\n\n

Positive Czech Grain Industry<\/strong><\/h3>\n\n\n\n

Nevertheless, Czech agricultural producer prices are approachable in the grain niche due to ample supplies and low costs.<\/p>\n\n\n\n

A bumper harvest of wheat and barley in the Czech Republic and the European Union (EU) is keeping wheat prices<\/u><\/a> down.<\/p>\n\n\n\n

The EU and Britain will harvest 140.4 million tonnes<\/u><\/a> of wheat in 2025, 15 million tonnes more than in 2024. Likewise, barley in all of Europe will likely hit 59.7 million tonnes, over 2 million tonnes more than in 2024. <\/p>\n\n\n\n

Market rates for grain in most EU member countries normally reflect continental production trends. For this reason, Prague can expect low flour prices<\/u><\/a> in the year ahead.<\/p>\n\n\n\n

Other Industries<\/strong><\/h3>\n\n\n\n

Although agriculture has seen costs spike the most, energy remains the biggest industrial culprit with prices up 6.1%<\/u><\/a> end 2024.<\/p>\n\n\n\n

Prices of capital goods also increased by 3% end 2024 from end 2023, as costs mounted in consumer merchandise. <\/p>\n\n\n\n

Overall, all combined producer prices in the central European country were up 0.6% month-on-month, December 2024. And as the data below shows, the Czech Republic regularly sees changing agricultural producer prices.<\/p>\n\n\n\n

Czech Republic Agricultural Producer Prices Statistics\u00a0<\/strong><\/h2>\n\n\n\n

A 2002 statistical research by Agricon\/Agriculture Journals.cz<\/u><\/a> reveals how agricultural producer prices in the country change each month by category. For instance, grapes for wine production changed each month in 2002 from between 91.4 and 102.3 <\/u><\/a>index points. This is even as wine\u2019s producer prices ranged from 75.7 to 106.4 index points. <\/p>\n\n\n\n

In terms of hard prices, sharp monthly increases are apparent in any given year. In the sample year, 2001, rapeseed prices changed from lows of 6,679 <\/u><\/a>Koruna ($296.39) per tonne to highs of 7,700 Koruna ($314.31). Celery, meanwhile, ranged from 7,261 koruna ($296.28) per tonne and 21,450 Koruna ($875.59) per tonne across 2001. <\/p>\n\n\n\n

How did Czech inflation perform in 2024<\/strong>? <\/p>\n\n\n\n

According to Trading Economics<\/u><\/a> there was negative inflation in the Czech Republic at -1.8 and -0.9% in January and February, respectively.  The inflation began to accelerate in July at 1.7%, slowed in August to October and then peaked in November at 1.7%. It ended the year in December at 2.8%<\/u><\/a>.<\/p>\n\n\n\n

How do overall producer prices perform in the Czech Republic<\/strong>? <\/p>\n\n\n\n

All producer prices, including industrial, averaged 89.37 index points<\/u><\/a> between 1990 and 2024. The lowest point was in February 1990 at 28.20 points while the highest was in January 2023 at 148.40 points. <\/p>\n","protected":false},"excerpt":{"rendered":"

Czech agricultural producer prices steered upward by 8.1% year-on-year in December 2024, driving food prices up.  According to a January 17, 2025 release by the Czech Statistical Office, most costs emanate from related industries such as energy. The outlook points to hefty price tags ahead for basic foodstuff, a trend already apparent in commercial food. A monthly…<\/p>\n","protected":false},"author":3,"featured_media":21738,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[],"yoast_head":"\nCzech Republic's agricultural producer prices climb 8.1% - Selina Wamucii | Food & Agriculture News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.selinawamucii.com\/news\/2025\/01\/22\/czech-agricultural-producer-prices-climb-8-1\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Czech Republic's agricultural producer prices climb 8.1% - Selina Wamucii | Food & Agriculture News\" \/>\n<meta property=\"og:description\" content=\"Czech agricultural producer prices steered upward by 8.1% year-on-year in December 2024, driving food prices up.  According to a January 17, 2025 release by the Czech Statistical Office, most costs emanate from related industries such as energy. 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