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CONSUMER PRICE LEVELS : FOOD AND BEVERAGE PRICES DIFFER WIDELY IN EU.

In 2012, 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, Eurostat said, on 21 June.

Denmark had the highest price level for food and non-alcoholic beverages in the EU27 in 2012, at 143% of the EU27 average, followed by Sweden (124%), Austria (120%), Finland (119%), Ireland (118%) and Luxembourg (116%). The lowest price levels were observed in Poland (61%), Romania (67%), Bulgaria (68%) and Lithuania (77%).

These data come from survey on approximately 500 food, beverage and tobacco products carried out in 2012 in the 37 participating countries. For bread and cereals, price levels ranged from 57% of the EU27 average in Bulgaria to 159% in Denmark; for meat from 55% in Poland to 132% in both Denmark and Austria; and for milk, cheese and eggs from 63% in Poland to 141% in Cyprus.

The price levels for alcoholic beverages ranged from one to more than two and a half. The lowest price levels for alcoholic beverages were registered in Bulgaria (67% of the EU27 average), Romania (75%), Hungary (79%) and Germany (82%), and the highest in Finland (175%), Ireland (162%), Sweden (161%) and the UK (143%).

For tobacco, the price levels were almost four times higher in the most expensive member state than in the cheapest. The lowest price levels were observed in Hungary (52% of the EU27 average), Lithuania (55%), Bulgaria (57%) and Poland (58%), and the highest in Ireland (199%), the UK (194%), Sweden (132%) and France (129%).

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Publication:European Report
Date:Jun 24, 2013
Words:263
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