Producer prices of agricultural products in EAEU decrease by 1.4%

Bishkek, July 29, 2022. /Kabar/. Producer prices of agricultural products in the Eurasian Economic Union (EAEU) member states decreased by 1.4% in June 2022 compared to May and increased by 3% in comparison with December 2021. The Eurasian Economic Commission reported that the biggest increase in producer prices of crops and vegetables was registered in Kazakhstan (9.3%) and Kyrgyzstan (8.7%) compared to December, while prices in Armenia went down (10.4%). The largest increase in producer prices for livestock products during this period was recorded in Belarus (by 11.0%) and Armenia (by 9.6%) with their reduction in Kyrgyzstan (by 2.6%).