Table 4 Retail price index in December 2007 as compared to the similar period of 2006

 

Unfavorable weather conditions in June-July affected the British agriculture a lot, particularly floods in Yorkshire, Humberside, East and West Midlands, and also in the Southeast of the country.

In flooded areas cereal crops were practically ruined. In a number of places floods heavily affected the quality of grain. Precipitations, which exceeded an average norm 2.5 times, also created favorable conditions for sprawling of agriculture crops diseases (late blight disease of potato, lodging of bread crops, leguminous plants putrefaction), and caused delay of crop ripening.  

By the end of July 2007, subsidy payment to farmers in accordance with Subsidization plan of 2006 was implemented at more than 96%. 2007 saw adoption of the new Rural DevelopmentProgramme for England, Wales, Scotland and Northern Ireland 2007-2013, with total amount of targeted financing at the rate of 2.7 bln euro. 

             

 Source: IRUE "National center of marketing and price study"

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