Hungarian farmers can suffer the worst among EU farmers

By: trademagazin Date: 2009. 12. 21. 00:00

According to EU's statistical office, the Eurostat; in the 27 Member States of the European Union a 12.2 percent reduction had been occured in the per capita income in the agricultural sector in 2009, compared to the 2.5 percent recorded in 2008.

The 12.2 percent fall is the result of two factors: the real income in agriculture shrank by 14.2 percent, while the number of workers in the sector increased by 2.2 percent. The 2009 decline can be explained mostly by the 10 percent reduction in EU production value. In the agricultural sector, the measured in per capita real income has fallen in Hungary the most. According to the forecasts; the Hungarian farmers will finish the year with a 35.6 percent decline – reports Origo.




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