STAT/07/98 13 July 2007 Comparison of price levels in the EU27 in 2006 Price levels of food and beverages range from one to two and half Price levels of tobacco from one to seven In 2006, the price level1 of a comparable basket of food and non-alcoholic beverages was two and half times higher in the most expensive EU27 Member State than in the cheapest one. The range was similar for alcoholic beverages, but was much greater for tobacco where price levels were seven times higher. These data come from a report2 issued by Eurostat, the Statistical Office of the European Communities. The results presented refer to the survey on food, beverages and tobacco carried out in 2006 in the 37 participating countries. This survey covered a total of approximately 500 comparable products. The highest price levels for food and non-alcoholic beverages were recorded in Denmark (142% of the EU27 average), Ireland (125%), Finland (120%) and Sweden (119%), and the lowest in Bulgaria (56%), Lithuania (64%), Poland and Slovakia (both 67%). For bread and cereals, price levels ranged from 41% of the EU27 average in Bulgaria and 56% in Slovakia to 150% in Denmark and 141% in Finland; for meat from 48% in Bulgaria and 50% in Lithuania to 149% in Denmark and 133% in Sweden; and for milk, cheese and eggs from 67% in Poland and 75% in Latvia, Lithuania and Slovakia to 139% in Cyprus and 138% in Greece. The highest price levels for alcoholic beverages were registered in Ireland (181% of the EU27 average), Finland (170%), the United Kingdom (152%) and Sweden (145%), and the lowest in Bulgaria (69%), Slovakia (72%), Hungary (77%) and Lithuania (79%). For tobacco the highest price levels were observed in the United Kingdom (205% of the EU27 average), Ireland (186%), France (133%), Germany and Sweden (both 119%), and the lowest in Latvia (28%), Lithuania (30%), Romania (32%) and Estonia (41%). Comparative price level indices 2006, EU27=100 Of which: Food and nonalcoholic beverages Bread and cereals Meat Milk, cheese and eggs EU27 100 100 100 Belgium 110 109 Bulgaria 56 Czech Republic 69 Denmark Germany Alcoholic beverages Tobacco 100 100 100 123 109 97 100 41 48 82 69 51 61 60 80 86 52 142 150 149 116 128 115 105 108 118 87 82 119 Estonia 75 70 64 79 89 41 Ireland 125 121 129 126 181 186 Greece 98 95 91 138 109 73 Spain 92 112 81 96 81 64 France 105 103 122 100 91 133 Italy 115 109 118 126 113 99 Cyprus 107 108 81 139 118 95 Latvia 69 59 58 75 92 28 Lithuania 64 61 50 75 79 30 115 119 120 112 88 84 Hungary 71 60 65 83 77 54 Malta 83 76 69 111 117 84 Netherlands 88 89 105 78 93 103 Austria 110 126 121 98 81 98 Poland 67 60 52 67 91 44 Portugal 88 95 82 105 99 76 Romania 71 59 60 94 88 32 Slovenia 87 93 83 83 86 59 Slovakia 67 56 58 75 72 51 Finland 120 141 119 110 170 107 Sweden 119 131 133 104 145 119 United Kingdom 113 103 126 115 152 205 Croatia 89 87 86 89 113 65 The former Yugoslav Republic of Macedonia 56 55 53 62 65 31 Luxembourg Turkey 84 70 77 117 176 56 Iceland 164 188 189 149 226 173 Norway 158 164 182 160 229 227 Switzerland 142 142 195 126 96 102 Albania 72 59 62 84 96 33 Bosnia-Herzegovina 71 62 73 76 78 32 Montenegro 74 66 69 77 76 24 Serbia 67 56 68 75 73 26 1. Comparative price levels are expressed in the form of price level indices (PLIs). PLIs provide a comparison of countries’ price levels with respect to the European Union average: if the PLI is higher than 100, the country concerned is relatively expensive compared to the EU average and vice versa. However, PLIs only provide an indication of the order of magnitude of the price level in one country in relation to others, particularly when countries are clustered around a very narrow range of outcomes. The data is produced by the Eurostat-OECD Purchasing Power Parity programme. The full methodology used in the programme is described in the Eurostat-OECD Methodological manual on purchasing power parities which is available free of charge from the Eurostat website: http://epp.eurostat.ec.europa.eu/portal/page?_pageid=1073,46587259&_dad=portal&_schema=PORTAL&p_product_code= KS-BE-06-002 2. Eurostat, Statistics in Focus, 90/2007, "Eating, drinking, smoking - comparative price levels in 37 European countries in 2006". The publication is available free of charge in PDF format on the Eurostat website. Issued by: Eurostat Press Office Tim ALLEN Tel: +352-4301-33 444 eurostat-pressoffice@ec.europa.eu Eurostat news releases on the Internet: http://ec.europa.eu/eurostat For further information on the data: Sebastian REINECKE Tel: +352-4301-35 193 sebastian.reinecke@ec.europa.eu Lars SVENNEBYE Tel: +352-4301-33 870 lars.svennebye@ec.europa.eu