Bulgaria's Final Agriculture Output up 13.5% Y/Y

Business | December 20, 2011, Tuesday // 18:36|  views

Added Value in agriculture in Bulgaria rose by 13.1% as compared with a year ago. File photo by Sofia Photo Agency

The final output at basic prices of agriculture went up by 13.5% or BGN 8441 M, compared with a year ago.

These are the first estimates of Bulgaria's National Statistical Institute, prepared as of November, and published Tuesday.

The increase was mainly due to the rise in prices - by 15.9%.

The final output at basic prices in cereal crops amounted to BGN 2298 M. It had the highest share in the final output of agriculture (27.2%), followed by share of the final output of industrial crops (20.9%), livestock (13.3%) and animal products (13.2%).

In 2011, intermediate consumption increased by 13.7% as compared with a year ago mainly due to the increase of prices - by 8.8%. The most significant share of the intermediate consumption has feeding stuffs - 29.7% and energy and lubricants - 20.1%.

Added Value in agriculture rose by 13.1% as compared with a year ago, mainly due to the price increase - by 31.9%

Operating surplus/mixed income in agriculture went up by 21.5% as compared to the previous year, mainly due to the increase of subsidies by BGN 202 M.

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Tags: Bulgaria, final, agriculture, output, basic prices, added value, NSI, prices, consumption, income

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