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Press release

Preliminary estimate of the economic accounts of agriculture

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In 2019, agricultural production decreased by 1.3% in volume. Gross value added at basic prices decreased by 2.7% in volume and labour input units decreased by 0.1%.

The drop was noticeable for wine (-12.0%) while a significant recovery was recorded for olive oil (+32.0%). Also the production of fruit (-3.0%) and cereals (-2.6%) declined while a positive trend was confirmed for secondary activities (+1.3%) and services activities (+0.4%).

Compared to 2018, the increase in producer prices (+0.7%) and in prices related to costs (inputs) incurred by farmers (+0.9%) was less pronounced.

Reference period: Year 2019

Date of Issue: 13 February 2020



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