In 2011, price levels for consumer goods and services1 differed widely across Member States. Denmark (142% of the EU27 average) had the highest price level, followed by Sweden (128%), Finland (125%) and Luxembourg (122%). Price levels between 20% and 30% below the average were observed in Estonia (79%), Malta (78%), the Czech Republic (77%), Latvia (74%) and Slovakia (72%), and levels between 30% and 40% below in Lithuania (66%), Hungary (64%), Poland and Romania (both 60%). The lowest price levels were found in Bulgaria (51%). These data come from a report2 published by Eurostat, the statistical office of the European Union.
Price levels for food and non-alcoholic beverages3 in 2011 ranged from 67% of the EU27 average in Bulgaria to 136% of the average in Denmark. Differences in price levels between Member States were less for this product group than for total goods and services. Estonia 86.
For alcoholic beverages and tobacco4, prices were lowest in Hungary (63% of the average) and highest in Ireland (163%). This large price variation is mainly due to differences in taxation of these products among Member States. Estonia 83.
Clothing5 is one of the groups of products showing a smaller price variation among Member States, with Bulgaria (75% of the average) cheapest and Sweden (133%) most expensive. Estonia 101.
Consumer electronics6 is another group of products where prices differed less among Member States, ranging from 89% of the average in Poland to 125% in Malta. Estonia 100.
Excluding Denmark (167% of the average), price differences among Member States were also limited for personal transport equipment, with levels varying from 83% of the average in Bulgaria to 122% in Portugal. Estonia 90.
For restaurants and hotels, price variations were more significant, with price levels ranging from 45% of the average in Bulgaria to 154% of the average in Denmark. Estonia 74.