The Farm Input Price Index was unchanged in the second quarter, following a 0.8% increase in the first quarter.
General business costs (+0.8%) put upward pressure on the index while machinery and motor vehicles (-0.5%) put downward pressure on the index.
The index increased in all four western provinces and in Quebec. Saskatchewan (+0.6%) and Alberta (+0.4%) put upward pressure on the index, which was partly counterbalanced by a decline in Ontario (-1.2%).
Nationally, farm input prices increased 0.8% between the second quarter of 2012 and the second quarter of 2013.
General business costs (+4.4%) contributed the most to the year-over-year price movement.
The index increased in eight provinces between the second quarter of 2012 and the second quarter of 2013. The largest contributions to the increase were in Quebec (+2.5%) and British Columbia (+3.4%).
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