New FAOSTAT data release
The FAO indices of agricultural products measure the average annual change over time in the selling prices received by farmers (prices at the farm-gate or at the first point of sale). The source of official country Agriculture Producer Prices is a questionnaire sent annually to the national statistical offices in all countries in May of the reference year, in addition to two previous years. Country Agriculture Producer Price Indices are updated in FAOSTAT on annual basis.
Globally, the producer price index (PPI) of all agricultural products has shown a steady growth since 2013 of about 2 percent on average, after a period of notable variability hitting +14 percent in 2010 and 2011. In 2018, the PPI increased by 1.8 percent following another annual increase of 1.8 percent in 2017.