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Bulgaria Europe's Cheapest for Food and Alcohol

by Sofia News Agency www.novinite.com, 14 Jul 2007

Bulgaria is the cheapest country in Europe for food and alcohol, according to a survey on food, beverages and tobacco carried out in 2006. In 2006, the price level of a comparable basket of food and non-alcoholic beverages was two and half times higher in the most expensive EU27 Member State than in the cheapest one, shows data from a report issued by Eurostat, the Statistical Office of the European Communities. The survey covered a total of approximately 500 comparable products. The range was similar for alcoholic beverages, but was much greater for tobacco where price levels were seven times higher. The highest price levels for food and non-alcoholic beverages were recorded in Denmark (142% of the EU27 average), Ireland (125%), Finland (120%) and Sweden (119%), and the lowest in Bulgaria (56%), Lithuania (64%), Poland and Slovakia (both 67%). For bread and cereals, price levels ranged from 41% of the EU27 average in Bulgaria and 56% in Slovakia to 150% in Denmark and 141% in Finland; for meat from 48% in Bulgaria and 50% in Lithuania to 149% in Denmark and 133% in Sweden; and for milk, cheese and eggs from 67% in Poland and 75% in Latvia, Lithuania and Slovakia to 139% in Cyprus and 138% in Greece. The highest price levels for alcoholic beverages were registered in Ireland (181% of the EU27 average), Finland (170%), the United Kingdom (152%) and Sweden (145%), and the lowest in Bulgaria (69%), Slovakia (72%), Hungary (77%) and Lithuania (79%). For tobacco the highest price levels were observed in the United Kingdom (205% of the EU27 average), Ireland (186%), France (133%), Germany and Sweden (both 119%), and the lowest in Latvia (28%), Lithuania (30%), Romania (32%) and Estonia (41%).
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My Bulgaria Real Estate, MyBulgarian Property, Property in Bulgaria New Offers
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