In the European Union, bread is the cheapest in Romania

Published 2021년 8월 25일

Tridge summary

The European Union's Statistical Office has reported that the retail price of bread and cereals in EU countries varies widely, with Denmark having the highest price at 153 percent above the EU average, while Romania has the lowest at 53 percent. The price difference between the most and least expensive Member States was approximately 2.5 times in 2020. Countries like Austria, Luxembourg, Finland, and Sweden had prices above the EU average, while Estonia, Portugal, Slovakia, the Netherlands, and Latvia were below. Non-EU member countries like Switzerland, Norway, and Iceland also had higher price levels for bread compared to the EU average.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Statistical Office of the European Union has examined the relationship between the retail price of bread and cereals in each country compared to other EU countries. If we take the EU average as 100 percent, Denmark is the most expensive with 153 percent, while bread is the cheapest in Romania with 53 percent. In 2020, the price of bread and cereals in the EU showed a difference of about 2.5 times, ie the average price in the most expensive Member State was higher than in the cheapest, according to Eurostat. which was also the subject of an infographics. Entry shared by Eurostat (@eu_eurostat) Compared to the 100 percent EU average price index, the highest price after 153 percent of Denmark was Austria, which is neighboring Hungary with 135 percent. After that, three more countries could stand on the third step of the imaginary podium, Luxembourg, Finland and Sweden. In each of the latter, the local data series showed an average price of 127 percent. It was also above average ...
Source: AgroForum

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.