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Food cheapest in Poland, hotels most expensive in Denmark

Staff writer |
In 2014, price levels for consumer goods and services differed widely in the European Union, according to Eurostat, the statistical office of the European Union.

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Poland was the cheapest both for food and consumer electronics, while alcohol and tobacco as well as restaurants and hotels were the least expensive in Bulgaria. Prices for clothing were lowest in Hungary, while the Czech Republic was least expensive for both consumer electronics and personal transport equipment such as cars.

Expense for food and personal transport equipment were the highest in Denmark. Price levels for food and non-alcoholic beverages in 2014 ranged from 61 percent of the EU average in Poland to 139 percent of the average in Denmark. Differences in price levels between Member States were less pronounced for this product group than for the total of goods and services.

Personal transport equipment prices were 151 percent of the EU average in Denmark, and cheapest in the Czech Republic.

Denmark was also the most expensive EU country to eat and stay in restaurants and hotels. Prices for restaurants and hotels showed more significant variations, with price levels ranging from 46 percent of the EU average in Bulgaria to 147 percent of the average in Denmark.

The lowest prices for alcoholic beverages and tobacco were registered in Bulgaria, which was 58 percent of the EU average, and followed by Hungary. Consumers paid the highest price for these items in Ireland and the United Kingdom. This large price variation is mainly due to differences in taxation of these products among Member States, according to Eurostat.

Clothes were most expensive in Sweden, and cheaply available in Hungary. Clothing is one of the groups of products showing a smaller price variation among Member States.

Consumer electronics is another group of products where prices differed less among Member States, ranging from 85 percent of the average in both the Czech Republic and Poland to 116 percent in Malta.

The Eurostat data are based on the results of price surveys covering more than 2400 consumer goods and services across Europe, which are part of the Eurostat-OECD Purchasing Power Parity program.