Hungarian alcohol prices lowest in EU

Drinks

Image by Shutterstock.com

In 2020, the price level of alcoholic drinks (spirits, wine, and beer) in Hungary was the lowest among EU Member States, according to data released by statistical agency Eurostat.

The price of alcoholic drinks varied greatly across the European Union, the agency notes. Price levels were more than two and a half times as high in the most expensive member state (Finland) compared with Hungary.

Compared with the EU average price level index of 100, data show that the price level index of spirits, wine, and beer reached only 73 in Hungary. The second-lowest price level was registered in Romania (74), followed by Bulgaria (81).

At the other end of the spectrum, the price level index stood at 193 in Finland. The second most expensive country in terms of alcohol price was Ireland (181), followed by Sweden (166).

Chart by Eurostat.

Czech Economic Sentiment Hits 1-year High Analysis

Czech Economic Sentiment Hits 1-year High

Chinese President to Visit Budapest in May Visits

Chinese President to Visit Budapest in May

Hungarian Gen Z Auto-buyers Prioritize Affordability Automotive

Hungarian Gen Z Auto-buyers Prioritize Affordability

Hungary Launches HUF 15 bln Tourism Sector Support Program Tourism

Hungary Launches HUF 15 bln Tourism Sector Support Program

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.