Hungarian farmers can suffer the worst among EU farmers
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.

Related news
Related news
Confidence in the global economy plummets due to US tariff war
The economic confidence indices of the world’s leading economies have…
Read more >Earth Day: Climate awareness among the Hungarian population is on the rise
April 22 is Earth Day, so the domestic perception of…
Read more >The Dairy Products Council has launched a national campaign to promote Trappist cheese
The Milk Products Council has launched a national marketing campaign…
Read more >