The Quotes are Powered By Forexpros, the Forex, Futures, and Stock Markets Portal.

Swedish food prices keeps to the tradition of being among the most expensive in the EU

Wednesday, 03 July 2013
When was the last time something was cheaper in Sweden than another EU of EFTA countries. After paying some of the highest taxes in the world the rest of the money goes to very expensive survival resources such as rents and food.
Talking of food, it has emerged today that Sweden has one of the highest food prices in the EU. Oops - is this new or is this surprising? Only to people who are out of touch with daily life in this Scandinavian biggest economy.

Most expensive is fruit and vegetables, food items required by people to live a more healthy life. Cheapest bag of groceries can be purchased in neighbouring Poland, if one was to make a direct comparison.

According to latest data from Statistic Sweden (SCB), last year, Sweden was classed to have the second highest level of food prices, which includes alcoholic beverages, in the EU. A Swedish grocery cost 24 percent more than the EU average. Only the Danes had to pay more, the European statistics office, Eurostat showed as was analysed by and to politicians who gathered at the Swedish political retreat also known as Almedalen at Visby.

When it comes to fruit and vegetables, Swedish prices are the highest in the EU 41 per cent above average, says SCB.
If the EFTA region is assessed together, then Norway and Switzerland are expensive both in terms of food in general and fruit and vegetables. Then Swedish meat prices are 26 percent above the EU average, making Sweden the seventh most expensive within the larger EFTA.

The cheapest and the most expensive places to eat in the EU

Source: Eurostat and Statistics Sweden - Food and non-alcoholic beverages, price level index, 2012 (EU27=100)

The lowest price levels for food and non-alcoholic beverages are found in Poland, Romania and Bulgaria, with price levels between 39 and 32 percent below EU average. The Baltic countries, Czech Republic and Hungary also have relatively low price levels. The Netherlands, Slovenia, Malta, Greece and the United Kingdom all have price levels of food and non-alcoholic beverages close to the EU average.
By Scancomark.com Team

We welcome your contribution. Did you find anything wrong with this article? Do you want to contribute to our news network? Do have a news tip or assist us with a correction?