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.
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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.
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