European Union has published the cost of alcoholic beverages in the EU in 2020

Published Sep 1, 2021

Tridge summary

The Statistical Office of the European Union has reported that the cost of alcoholic beverages in the EU in 2020 ranged from the lowest in Hungary to the highest in Finland. The price of beer, wine, and soft drinks in Hungary was 73% of the EU average, while in Finland, it was 193% of the average. The data was calculated based on purchasing power parity in euros. Despite the low cost of alcohol in Hungary, the country's consumption levels were not necessarily related to the cost, as seen in the example of Croatia, Finland, and Hungary, which were in sixth place in terms of the amount spent on alcoholic beverages in the EU.

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 published the cost of alcoholic beverages in the EU in 2020. It is the cheapest in Hungary and the most expensive in Finland. In Hungary, the price of beer, wine and soft drinks is 73 percent of the EU average price, in Finland this figure is 193 percent, ie the prices are close to double the EU average. Finland is followed by Ireland with a price level of 181 per cent, followed by Sweden, where alcohol prices typically hovered around 166 per cent of the EU average in 2020, according to data published by Eurostat. Based on the data, it can be seen that the price levels in the Central European countries are lower than the EU average, as the prices of alcoholic beverages were below the average in Slovenia, Slovakia, Bulgaria and Romania. Of the Western European countries, the same can be said of Spain and Germany. Source: Eurostat The answer is simple: no. According to the analysis of the Money Center, the explanation may be that the ...

Source: Agroinform