EU, agricultural incomes in 2007: 5,4% in Europe, -2% in Italy

In 2007 in Europe, compared to the previous year, the agricultural income increased on the average, of 5,4 % with some variation shifting from +39,3% of Lithuania to - 16,7 % of Romania. There is a decrease of 2 % for the Italian producers. This news was spread by 'Eurostat', the European statistic office, according to which the increase was the result of the 3,1% growth of real incomes together with a 2,2% reduction of labour. Incomes were also influenced by the hard changes recorded in the prices of the products. Still in 2007, compared to 2006,the real prices to producers for continental production, like cereals and oil-products, have increased respectively of 46,2 % and 21,9%. These increases gave an economical input for example, to the German ( +12,5%) and French ( +7,5%) producers. On the contrary some reductions in prices were recorded for some typical Mediterranean productions. The real price to the producer for the olive oil decreased of 19,4% and the one of fresh greens decreased of 0,7%, even potatoes had a 3,2% drop sugar beet recorded a 12,8% drop. The real prices to wine and fruit producers didn't change much remaining at about 4,5% and 4,2%.