The Spanish countryside raises prices by 16%, the third highest increase in the EU, despite lowering its inputs by 8%

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Los farmers and ranchers Spanish people sales prices increased by 16.2% year-on-year in the second quarter of the year, the third most pronounced increase in the European Union, despite the fact that supplies what they need in their production process They became cheaper by 8% year-on-year, according to data published this Tuesday by Eurostat.

This means that although Spain is the ninth country in which the more costs fell in goods used in agricultural production (fertilizers, electricity, fuel, feed, etc.), our country was the third what the price increased more that farm workers charge at the door of their farm, something that the community statistics office attributes to the drought suffered this year. In fact, the two countries that registered increases in agricultural prices higher than Spain were Portugal (where they became more expensive by 21.8%) and Greece (+20.9%), also very affected by extreme weather conditions, while On average in the EU the increase was 2.4%.

It is the increase of prices at origin, to which must be added the increase that has occurred in each of the links in the chain until the product reaches the final consumer. Since there is a time lags From the moment the agricultural product leaves the field and until it is purchased in the supermarket, it is possible that this increase in prices reaches the customer some time later.

Although a year-on-year increase of 16.8% is a considerable increase in price compared to the previous year, lInflation of agricultural products has been moderating in recent quarters: between January and March of this year they were 33.2% more expensive than in the same period of the previous year; in the fourth quarter of 2022 they rose 26.1%; in the third, 34.4%; in the second, 18.8%, and we must go back to the first quarter of 2022 to find a lower decrease than the current one (15.6%).

The agricultural products in which Spain has registered a price increase higher than the European average have been the citrus fruits, which have become more expensive by 128.7% compared to the previous year, an increase only surpassed by that experienced in Italy (141.2%); he olive oil, which from April to June accumulated an increase of 69.7% year-on-year, only surpassed by that experienced in Portugal (+72%); wave lechewhich has risen at origin by 30.4%, the second largest increase after that registered in Greece (31.7%).

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