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23/06/2014

Alcohol price levels highest in the north of Europe

Last week (19th June) Eurostat has realised the consumer price level for 2013.

In 2013, price levels for consumer goods and services differed widely across Member States.

For alcoholic beverages and tobacco, prices were lowest in Bulgaria (59% of the average) and highest in Ireland (178%). For alcohol alone prices were highest in Norway and lowest in Bulgaria. This large price variation is mainly due to difference in taxation of these products among Member States.

Source: Eurostat

Price levels for alcoholic beverages:

Price level indices (PLIs) provide a comparison of countries' price levels relative to the European Union average: if the price level index is higher than 100, the country concerned is relatively more expansive than the EU average, while if the price level index is lower than 100, then the country is relatively cheaper than the EU average.

Graph of 2013 prices

Norway

281.2

Iceland

208.0

Turkey

207.6

Finland

173.8

Ireland

169.5

Sweden

159.5

Denmark

139.6

United Kingdom

138.0

Greece

127.6

Cyprus

116.7

Switzerland

115.2

Malta

114.3

Latvia

109.6

Estonia

104.6

Croatia

103.6

Slovenia

103.0

EU 28

100.0

Italy

100.0

Belgium

99.6

Netherlands

99.6

Austria

96.3

Montenegro

96.0

Czech Republic

94.8

Lithuania

93.5

Poland

92.1

Slovakia

91.1

France

90.5

Luxembourg

90.4

Portugal

90.3

Spain

87.9

Bosnia and Herzegovina

82.6

Germany

81.4

Serbia

80.6

Hungary

79.7

Romania

76.8

Albania

72.4

Former Yugoslav Republic of Macedonia

68.9

Bulgaria

67.0