Society 20:00 16/07/2019 World

Denmark is most expensive EU country for consumer goods

Consumer goods and services in Denmark cost 142 percent of the EU average, according to figures published by the European Union’s statistics agency Eurostat. According to data collected by the agency, price levels for consumer goods and services differed widely across EU member countries in 2017, but Denmark, at 142 percent of the EU average, had the highest price levels, The Local reported.

Denmark was followed by Luxembourg (127 percent), Ireland and Sweden (both 125 percent), Finland (122 percent) and the United Kingdom (117 percent).

At the opposite end of the scale, the lowest price level was found in Bulgaria (48 percent), while Romania (52 percent) and Poland (56 percent) were just above 50 percent of the average.

Denmark came top in four out of six sub-categories. The price level of a comparable basket of food and non-alcoholic beverages was 150 percent of the average in Denmark, the most expensive country, compared with 62 percent in Romania, the cheapest. Restaurants and hotels are three times more expensive Denmark (151 percent of the average) than in Bulgaria, the cheapest country for the measure at 45 percent of the average cost for the EU.

Cars, motor cycles and bicycles cost far more in Denmark than anywhere else in the bloc. Denmark’s prices are 144 percent of the EU average. With only one other exception (Netherlands, 121 percent) prices in all other countries lie within 81 to 111 percent of the average.



Source Panorama.am
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