EU27 real agricultural income per worker has increased by 6.7% in 2011, after an increase of 12.6% in 2010, according to first estimates issued by Eurostat.
This increase in EU27 real agricultural income in 2011 is mainly the result of a rise in the value of agricultural output at producer prices in real terms (+7.5%), while input costs in real terms grew (+9.7%). The falls in the real value of subsidies net of taxes (-1.2%) and in depreciation in real terms (-0.1%) have a marginal impact.
Real agricultural income per worker in 2011 is estimated to have risen in 19 Member States and to have fallen in eight. The highest rises are expected in Romania (+43.7%), Hungary (+41.8%), Ireland (+30.1%), Slovakia (+25.3%), Luxembourg (+25.2%), the Czech Republic (+23.5%), Bulgaria (+23.2%) and Denmark (+20.2%), and the largest falls in Belgium (-22.5%), Malta (-21.2%), Portugal (-10.7%) and Finland (-9.6%).
The increase in the value of animal production in 2011 is the result of a rise in both producer prices (+6.7%) and volume (+1.1%). Prices are rising for milk (+9.1%), poultry (+8.7%), cattle (+8.6%), sheep and goats (+6.4%) and pigs (+4.3%), while they are falling for eggs (-5.3%). The volume is increasing for sheep and goats (+2.3%), poultry (+1.9%), cattle (+1.5%) and milk production (+1.1%), and slightly decreasing for eggs (-0.9%).
Tuesday December 20, 2011/ European Commission/ European Union.