Finland Times

The price of food items, alcohol and non-alcoholic beverages in Finland is much more higher compared to the average prices of European Union countries, according to Statistics Finland.

The price of alcoholic products in Finland is 75 percent higher compared to the EU average price while the prices of food items and non-alcoholic beverages are 19 percent higher than the EU average.

The Statistic Finland released the price report among the EU states on Monday comparing the prices of food and non-alcoholic beverages in spring 2012.

Norway is the most expensive country for all kinds of food, alcoholic, non-alcoholic and tobacco items while Macedonia is the cheapest place in the EU.

Denmark is the most expensive country for food and beverage and the price is almost double than the price in Poland, which is marked as the best country from the aspect of low food price in 2012.

The price level in Austria, Ireland and Luxembourg is as same as Finland, said the report.

The price of alcoholic products is much higher in Finland due to high tax rate while the alcohol price is lowest in Bulgaria among the EU countries due to low tax.

The report also said that the price of tobacco products in Finland is close to the EU average price while Ireland and the United Kingdom are the most expensive places for tobacco items where the price is almost double of the average EU tobacco price.

The cheapest places for tobacco products are Hungary, Lithuania, Bulgaria and Poland where the price was 60 percent lower compared to the EU average.