The highest price level registered last year was in Denmark, where it reached 143% of the EU average, followed by Sweden (124%), Austria (120%), Finland (118%) and Luxembourg (116%). In contrast, the lowest prices registered were those in Poland (61% of the EU average), Romania (67%), Bulgaria (68%) and Lithuania (77%).

By type of product, in the case of bread and cereals, prices varied from 57% of the EU average registered in Bulgaria to 159% in Denmark; for meat, from 55% in Poland to 132% in Denmark and Austria; and for milk, cheese and eggs, from 63% in Poland to 141% in Cyprus.

For Spain, the price level of the basket, made up of around 500 products, stood at 93% of the EU average in 2012. In particular, the prices of bread and cereals reached 111% of the European average, which was offset by the price of meat (83%) and milk, cheese and eggs (95%).

Furthermore, Eurostat reported that the price level of alcoholic beverages ranged from 67% of the European average registered in Bulgaria or 75% in Romania, up to 175% in Finland and 162% in Ireland. Spain recorded the fifth lowest level of prices for this category, standing at 87% of the European average.

Also, El Economista reported that tobacco prices were four times higher in the most expensive country than in the cheapest. Specifically, the lowest prices were recorded in Hungary (52%), Lithuania (55%) and Bulgaria (57%), and highest in Ireland (199%), United Kingdom (194%) and Sweden (132%). In Spain, the tobacco prices stood at 83% of the European average. 
June 27th. Kyero .com