Economic accounts for agriculture
The income generated by Agriculture decreases 10.7% in 2011
15 December 2011
According to the first estimate for 2011 on Economic Accounts for Agriculture (EAA), the Income from the Agricultural Activity, per annual working unit, should decrease, in real terms, 10.7%. A decrease of 13.6% in Factor Income is forecasted, as a consequence of a decline on both “Other Subsidies on Production” (-18.2%) and Gross Value Added (GVA) in agriculture (-10.2%). The decrease of GVA is the result of a reduction on Production ( 0.6%) and an increase of Intermediate Consumption (+5.3%), in nominal terms.