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News : EU Economy Last Updated: Jun 29, 2010 - 9:22:20 AM

Prices of food and non-alcoholic beverages 39% above EU27 average in Denmark in 2009; Ireland was 29% ahead; Netherlands, Spain and UK were up to 10% below
By Finfacts Team
Jun 28, 2010 - 2:28:44 PM

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In 2009, the price level of a comparable basket of food and non-alcoholic beverages was more than twice as high in the most expensive EU27 Member State than in the cheapest one. Denmark was 39% above the EU27 average and had the highest price level for food and non-alcoholic beverages in the EU27 in 2009. Ireland was 29% ahead. Netherlands, Spain and UK were up to 10% below

Denmark was nearly 40% above the EU27 average and had the highest price level for food and non-alcoholic beverages in the EU27 in 2009. Ireland, Finland, Luxembourg, Austria, Belgium, Germany and France were between 10% and 30% above the EU27 average. Italy, Cyprus, Sweden and Greece were up to 10% above the average, while the Netherlands, Spain, the United Kingdom, Slovenia, Malta and Portugal were up to 10% below.

Latvia, Slovakia, Estonia, Hungary, the Czech Republic and Lithuania had price levels for food and non-alcoholic beverages which were between 10% and 30% below the EU27 average, while Bulgaria, Romania and Poland were between 30% and 40% below.

These data come from a report issued by Eurostat, the statistics office of the European Union. The results refer to the survey on food, beverage and tobacco prices carried out in 2009 in the 37 participating countries. This survey covered a total of approximately 500 comparable products.

Price levels of tobacco range from one to five

Data are also available for more detailed breakdowns of food products. For bread and cereals, price levels ranged from 52% of the EU27 average in Bulgaria and 58% in Poland to 146% in Denmark and 132% in Ireland; for meat from 56% in Poland and 58% in Romania to 131% in Denmark and 128% in Austria; and for milk, cheese & eggs from 63% in Poland and 77% in Lithuania to 137% in Ireland and Cyprus.

The price levels for alcoholic beverages ranged from one to two and a half. The highest price levels for alcoholic beverages were registered in Finland (170% of the EU27 average), Ireland (167%), Sweden (138%) and Denmark (135%), and the lowest in Romania (70%), Bulgaria (77%), Spain and Hungary (both 84%).

For tobacco, the price levels were almost five times higher in the most expensive Member State than in the cheapest. The highest price levels were observed in Ireland (217% of the EU27 average), United Kingdom (166%), France (133%) and Sweden (130%), and the lowest in Bulgaria (46%), Romania (47%), Lithuania and Hungary (both 51%).

"Price levels for food, beverages and tobacco across the European market differ significantly".

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