Farm Input Price Index, third quarter 2014
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Released: 2015-01-06
The Farm Input Price Index was up 0.3% in the third quarter from the previous quarter.
Animal production (+3.6%) led the increase of the index.
The index rose in two provinces, with Alberta (+1.7%) contributing the most to the national increase.
Nationally, farm input prices rose 6.9% between the third quarter of 2013 and the third quarter of 2014.
The year-over-year increase was mainly attributable to animal production (+14.7%).
Compared with the third quarter of 2013, the index was up in every province except Prince Edward Island. Alberta (+12.3%) led the year-over-year increase.
Note to readers
The Farm Input Price Index is an indicator of the change in input costs faced by Canadian farmers. With each release, data for the previous eight quarters may have been revised. The indexes are not seasonally adjusted.
The indexes are available for 13 geographic areas: each of the 10 provinces, Eastern Canada (Newfoundland and Labrador, Prince Edward Island, Nova Scotia, New Brunswick, Quebec and Ontario), Western Canada (Manitoba, Saskatchewan, Alberta and British Columbia), and Canada as a whole (excluding the territories).
The Farm Input Price Index for the fourth quarter of 2014 will be released on April 7, 2015.
Contact information
For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; infostats@statcan.gc.ca) or Media Relations (613-951-4636; statcan.mediahotline-ligneinfomedias.statcan@canada.ca).
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