Comparative price levels for consumer goods and services, European countries, 2018
Price level indices for food and non-alcoholic beverages in Slovenia in 2018 were 3 % lower than the EU-28 average
Prices for food and non-alcoholic beverages in Slovenia in 2018 were 3 % lower than the EU-28 average. Prices in Austria and Italy were higher, in Hungary lower, whereas in Croatia they were the same as in Slovenia.
Eurostat data
The data on the price levels for food, beverages and tobacco were published by Eurostat. The results are based on price surveys covering consumer goods and services across 37 European countries. By comparing the ratios of prices among countries and the exchange rates against the euro, price level indices are calculated in the framework of the European project. These allow for comparisons of the price levels in relation to the EU-28 average.
Price levels relate to the concept of household final consumption expenditure, which consists of all expenditure incurred by households on goods and services for consumption.
Price levels for Slovenia for food and beverages close to the EU-28 level; price level for tobacco 32% lower than the average level in the EU-28
The price comparison among European countries shows that price level indices for food and beverages consumed by households in Slovenia were in 2018 close to the EU-28 average. The price level in Slovenia was lower than the EU-28 average in case of tobacco (by 32%) and of alcoholic beverages (by 7%). In view of price levels for food and non-alcoholic beverages, Croatia and Spain ranked closest to Slovenia.
The price levels for food, beverages and tobacco in 2018 were the highest in Norway and Iceland, while the lowest price levels were recorded in North Macedonia, Bosnia and Herzegovina, and Bulgaria (approximately 60% of the EU-28 average).
Price levels of individual product groups differed widely across European countries in 2018. The highest price level for meat was recorded in Switzerland, where prices were 128% higher than the EU-28 average. Iceland and Norway had distinctly high price levels for alcoholic beverages and tobacco. In North Macedonia and Turkey tobacco prices were especially low, reaching only 29% and 35% of the EU-28 average, respectively.
Among EU-28 Member States, the price level for food and non-alcoholic beverages in 2018 was the highest in Denmark, followed by Luxembourg and Austria. The lowest price levels among EU-28 Member States were in 2018 recorded in Romania, Poland and Bulgaria.
Neighbouring countries comparison of the price levels for food, beverages and tobacco in 2018
A neighbouring countries comparison of the price levels shows that prices in Hungary were (on average 12%) lower than in Slovenia. Price levels that were higher than in Slovenia were recorded in Austria (on average 23% higher) and Italy (on average 17% higher), whereas Croatia had the same level of prices as Slovenia.
Compared to Slovenia, the biggest differences among countries were recorded in the meat and tobacco group, in which Austria and Italy were significantly more expensive than Slovenia. The prices of alcoholic beverages were more expensive in all of Slovenia’s neighboring countries, with the exception of Hungary (17% lower).
The data on the price levels for food, beverages and tobacco were published by Eurostat. The results are based on price surveys covering consumer goods and services across 37 European countries. By comparing the ratios of prices among countries and the exchange rates against the euro, price level indices are calculated in the framework of the European project. These allow for comparisons of the price levels in relation to the EU-28 average.
Price levels relate to the concept of household final consumption expenditure, which consists of all expenditure incurred by households on goods and services for consumption.
Price levels for Slovenia for food and beverages close to the EU-28 level; price level for tobacco 32% lower than the average level in the EU-28
The price comparison among European countries shows that price level indices for food and beverages consumed by households in Slovenia were in 2018 close to the EU-28 average. The price level in Slovenia was lower than the EU-28 average in case of tobacco (by 32%) and of alcoholic beverages (by 7%). In view of price levels for food and non-alcoholic beverages, Croatia and Spain ranked closest to Slovenia.
The price levels for food, beverages and tobacco in 2018 were the highest in Norway and Iceland, while the lowest price levels were recorded in North Macedonia, Bosnia and Herzegovina, and Bulgaria (approximately 60% of the EU-28 average).
Price levels of individual product groups differed widely across European countries in 2018. The highest price level for meat was recorded in Switzerland, where prices were 128% higher than the EU-28 average. Iceland and Norway had distinctly high price levels for alcoholic beverages and tobacco. In North Macedonia and Turkey tobacco prices were especially low, reaching only 29% and 35% of the EU-28 average, respectively.
Among EU-28 Member States, the price level for food and non-alcoholic beverages in 2018 was the highest in Denmark, followed by Luxembourg and Austria. The lowest price levels among EU-28 Member States were in 2018 recorded in Romania, Poland and Bulgaria.
Neighbouring countries comparison of the price levels for food, beverages and tobacco in 2018
A neighbouring countries comparison of the price levels shows that prices in Hungary were (on average 12%) lower than in Slovenia. Price levels that were higher than in Slovenia were recorded in Austria (on average 23% higher) and Italy (on average 17% higher), whereas Croatia had the same level of prices as Slovenia.
Compared to Slovenia, the biggest differences among countries were recorded in the meat and tobacco group, in which Austria and Italy were significantly more expensive than Slovenia. The prices of alcoholic beverages were more expensive in all of Slovenia’s neighboring countries, with the exception of Hungary (17% lower).
Price level indices for selected food products, European countries (EU-28=100), 2018
Source: Eurostat (http://ec.europa.eu/eurostat, 20. 6. 2019) |
When making use of the data and information of the Statistical Office of the Republic of Slovenia, always add: "Source: SURS". More: Copyright.
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