Agricultural product prices edge up in December
The Agricultural product price index in December rose by 5.18 per cent from the same period last year, thanks mainly to the increases in tapioca, rubber and palm oil prices.
The Office of Agricultural Economics’ data also showed that the output rose by 1.61 per cent on year.
The office attributed the increase in tapioca prices to China’s demand. Meanwhile, demand for palm oil and pineapple also rose.
Meanwhile, the higher operating cost also pushed up the prices of pork meat and eggs.