EFTA countries among the most expensive in Europe

Published 25-06-2013
In a recent analysis published by Eurostat, Norway was found to be the most expensive country for food, beverages and tobacco. Norway was followed by Switzerland in most subcategories, whereas Iceland showed substantially lower prices but still belonged to the upper quarter.

Price levels varied considerably across the 37 European countries included in the survey. In 2012, the price for a comparable basket of food and non-alcoholic beverages in Norway was 186% of the EU average. Switzerland was ranked second with 155% and Iceland eighth with 118%. The most expensive country in the European Union was Denmark with 144%. At the other end of the scale, Poland was the least expensive EU Member State with 62% and Macedonia was the least expensive of all countries analysed with 58% of the EU average. The analysis also provides a more detailed breakdown of prices of food products. Meat and fish were most expensive in Switzerland, with 221% and 168% of the EU average respectively, whereas Norway was ranked the most expensive country for the other subcategories. 

Price levels for alcoholic beverages ranged from 65% in Macedonia to 288% in Norway, followed by Iceland with 212% of the EU average. Switzerland was ranked tenth with 120%. For tobacco the price levels were more than ten times higher in Norway (270%) than in Macedonia (25%), and still five times higher than in Hungary, which had the lowest price in the EU (52%). 

These are some of the findings of Eurostat’s most recent survey on food, beverages and tobacco prices carried out in 2012, which covered a total of approximately 500 comparable products. Liechtenstein was not included in the survey.

For more information visit the Eurostat database or consult the article: 
Significant differences in price levels for food, beverages and tobacco across Europe in 2012

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