Input costs cut EU income

EU-28 agricultural incomes fell in 2013, mainly due to an eight times higher increase in input costs (+0.8%) than in the value of the output of the agricultural sector (+0.1%), according to Eurostat, the statistical office of the EU.

EU-28 real agricultural income per worker decreased by 1.3%, having increased 0.3% in 2012, according to Eurostat’s first estimates.

Total agricultural income fell 2.1%, but was shared by fewer workers, following a reduction in agricultural labour input (-0.9%).