Saturday, 8 January 2011

Real Agricultural Income In Europe

The first estimates on real agricultural income from Eurostat show that real agricultural income per worker in the EU27 increased by 12.3% in 2010 after a decrease of 10.7% in 2009. The cause of the increase in the index was a combination of an increase in real agricultural income and a fall in agricultural labour input.

Real agricultural income per worker is estimated to have increased by 10% between 2005 and 2010 while agricultural labour input has decreased by 12.7%.

The value of EU27 agricultural output at producer prices increased by an estimated 4.3% due mainly to an increase in the value of both crop production and animal production by 6.3% and 2.4% respectively.

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