Farm Input Price Index
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The Farm Input Price Index increased 4.7% in the first quarter compared with the previous quarter. This increase followed a 3.2% advance between the third and fourth quarter of 2010.
The category that contributed the most to the quarterly increase in Canada was animal production, which rose 7.0%.
Alberta was the largest contributor to the national advance, rising 5.9% in the first quarter.
Canadian farm input prices increased by 8.1% between the first quarter of 2010 and the first quarter of 2011. Alberta (+11.3%) was the largest contributor to the advance in farm input prices during this period.
At the Canada level, animal production (+12.0%) was the category with the largest increase between the first quarter of 2010 and the first quarter of 2011. This increase was in large part a result of higher livestock prices (+21.5%).
Note: For more information about the methodology, go to the "Definitions, data sources and methods" section by clicking on survey number 2305, which appears below.
Available on CANSIM: table 328-0015.
Definitions, data sources and methods: survey number 2305.
For more information, or to enquire about the concepts, methods or data quality of this release, contact Client Services (toll-free 1-888-951-4550; 613-951-4550; fax: 1-855-314-8765 or 613-951-3117; ppd-info-dpp@statcan.gc.ca), Producer Prices Division.
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