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12079
Small price level differences in Scandinavia
statistikk
2008-07-04T10:00:00.000Z
Prices and price indices
en
pppvare, Price level for consumer goods and services, price level index, EU countries, EEA countries, international comparisonsConsumer prices , Prices and price indices
false

Price level for consumer goods and services, 2007

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Small price level differences in Scandinavia

In 2007 the price levels for consumer electronics and household appliances were nearly homogenous in Norway, Sweden, Finland and Denmark.

Price levels for consumer electronics, 2007. EU27=100

Price levels for household appliances, 2007. EU27=100

In 2007 the Norwegian price level for consumer electronics was 14 per cent above the average price level in the 27 EU countries (EU27). This is at the same level as in Finland and Denmark, with Sweden situated a little bit closer to the EU average. Iceland is standing out with the highest price level in a survey recently released by Eurostat.

For the product group household appliances, Norway, Sweden and Denmark were about 20-30 per cent more expensive, while Finland was 14 per cent more expensive than the EU27 average.

Homogenous European price level

For both product groups there were generally small price level differences between the European countries. The majority of the countries had price levels within a range of plus/minus 10 per cent of the average.

Consumer electronics include audio-visual, photographic- and information processing equipment like TVs and HI-FI systems, cameras and camcorders, computers, printers and monitors, as well as music CDs, movie DVDs and unrecorded recording media like blank CDs and DVDs.

Household appliances include white goods and vacuum cleaners together with small electric household appliances like coffee makers and toasters.

The survey

The price comparison is based on 130 comparable products within consumer electronics and about 100 comparable household appliances. The survey was carried out within the framework of the European Comparison Programme in May 2007. The price material has later been adjusted to annual average prices and weighted based on information from each country's National Accounts.

37 European countries participated in the survey: The 27 EU member states, three candidate countries (Croatia, the Former Yugoslav Republic of Macedonia and Turkey), three EFTA countries (Norway, Iceland and Switzerland) and 4four Western Balkan countries (Albania, Bosnia-Herzegovina, Montenegro and Serbia).

Read more in Eurostat's " Statistics in Focus ".