Sharp differences between member states
Eurostat data | Friday 22 June 2012
In 2011, price levels for consumer goods and services differed widely across the EU. Denmark (142% of the EU27 average) had the highest price level, followed by Sweden (128%), Finland (125%) and Luxembourg (122%). Price levels of 10% to 20% above the EU27 average were found in Ireland (117%), Belgium (112%) and France (111%), while the Netherlands (108%), Austria (107%), Germany and Italy (both 103%) and the United Kingdom (102%) had levels up to 10% above the average.
Spain (97% of the EU27 average) and Greece (95%) were just below the average, while Cyprus (89%), Portugal (87%) and Slovenia (84%) were between 10% and 20% below. 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%).
Price levels for food and non-alcoholic beverages, 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.
Clothing 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.