Cyprus Mail

Alcohol prices in Cyprus marginally above EU27 average

alcohol price eurostat

Cyprus alcohol prices were slightly higher than the European Union average in 2020, according to the latest figures released by EU statistics agency Eurostat.

Eurostat said that in 2020, the price of alcoholic drinks across the EU was more than two and a half times as high in the most expensive member state compared with the cheapest one.

Cyprus was 16th among the Member States, between Italy and France which are placed in 15th and 17th place respectively.

When price levels are compared with the EU average price level index of 100, the results show that the price of alcoholic drinks (spirits, wine, and beer) was the highest in Finland (with a price level index of 193), followed by Ireland (181) and Sweden (166).

In contrast, the price levels for alcoholic drinks were the lowest in Hungary (with a price level index of 73) and Romania (74), followed by Bulgaria (81), Eurostat said.

In Cyprus, the figure was 103.4 in 2020, marginally down from 105.8 the previous year.

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