UK farm input price index: investment goods
UK farm input price index: investment goods stood at 133.53 in Jul 2026, according to GOV.UK official statistics. It is one of the indicators in the Agricultural prices table (Value · Monthly), with a complete series running from Jan 2014 to Jul 2026. The complete series with an interactive chart, free to download.
This indicator in the Agricultural prices table
| Indicator | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Input price index | |||||||||||
| Investment goods and services | 133.53 | 133.57 | 133.6 | 133.08 | 132.76 | 132.1 | 132.16 | 131.92 | 132.02 | 132.06 | |
| Cereal and milling by-products | 114.82 | 112.15 | 114.67 | 110.19 | 106.08 | 104.44 | 104.71 | 105.53 | 105.64 | 103.14 |
Understanding UK farm input price index: investment goods
Outlays captured within this index reflect machinery, equipment, buildings, and long-term capital services acquired by agricultural enterprises across the United Kingdom. Unlike recurring operational inputs such as seed, fertiliser, or daily feed, investment goods represent durable asset purchases and capital maintenance expenses that depreciating farm infrastructure requires over extended periods. Excluded from this measure are short-term consumable items, land transactions, and direct labour remuneration, concentrating entirely on physical capital formation costs.
Evaluating capital expenditure figures necessitates awareness of multi-year purchasing cycles, where farm machinery upgrades respond to tax allowances and cash flow volatility rather than monthly shifts in demand. Early estimates are frequently adjusted as manufacturers report final transaction prices and delivery volumes. When contrasting this series with operational input measures, analysts should expect lower monthly volatility alongside greater sensitivity to steel prices, machinery manufacturing expenses, and currency fluctuations affecting imported farm equipment.
Frequently asked questions
- What kinds of expenditures are included in investment goods and services?
- The series tracks the purchase cost of tractors, harvesters, machinery implements, farm buildings, and long-term capital maintenance services.
- Why do investment goods show different cyclical patterns than daily farm operating inputs?
- Capital purchases involve durable assets acquired infrequently, meaning decisions depend heavily on multi-year cash flows, tax incentives, and machinery replacement schedules.
- Are imported machinery price changes reflected in this capital index?
- Yes, foreign-manufactured agricultural machinery and equipment purchased by domestic holdings are incorporated into the overall capital goods calculation.