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The latest National Statistics on Timber Price Indices produced by the Forestry Commission were released today, 10 November 2011, in accordance with the arrangements approved by the UK Statistics Authority.
Timber Price Indices are based on Forestry Commission sales and consist of the Coniferous Standing Sales Price Index and the Sawlog Price Index. They present data to September 2011 for Great Britain.
The key points from the latest release are:
- the average price for coniferous standing sales was £14.77 per cubic metre overbark standing in nominal terms in the year to September 2011;
- the Coniferous Standing Sales Price Index for Great Britain was 16.0 per cent higher in real terms in the year to September 2011, compared with the previous year; and
- the Softwood Sawlog Price Index was 7.1 per cent higher in real terms in the six months to September 2011, compared with the corresponding period of the previous year.
The full statistics release is available from www.forestry.gov.uk/statistics .
Further information is available from Jackie Watson in the Forestry Commission’s Economics & Statistics Unit; email@example.com; tel 0131 314 6171.
The next updates of these statistics will be published in May 2012 (with data to March 2012) and in November 2012 (with data to September 2012).
MEDIA CONTACT: Stuart Burgess, 0117 372 1073.