Price index of agricultural goods and services in Portugal 2019-2023

In 2021, the price index for fertilizers and correctives faced the highest increase, recording a growth of approximately 66 percent compared to 2015. Animal feed prices increased by 20 percent while energy and lubricants increased by 16 percent. Investment goods which include cropping and harvesting machines and materials, and tractors also experienced a slight increase compared to the base year. In December 2022, there was a 13.5 percent increase in the price index, with the highest increase in fertilizers and correctives, which rose almost 24 percent. By 2023, the index decreased slightly, especially fertilizers and correctives, which decreased by more than 42 percent.