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13 Aug 2022

Ireland’s food prices ranked as second most expensive in Eurozone

Ireland’s food prices ranked as second most expensive in Eurozone

Food prices in Ireland have been ranked as second most expensive in the Eurozone in 2021, new figures show.

Last year, food prices in Ireland were 17% above the EU27 average, making them the second most expensive in the Eurozone, and third most expensive in the Europe Union.

Prices for the various types of foods in Ireland were all higher than the EU average, except for fish which was 3% lower.

Irish prices for milk, cheese and eggs were 25% higher than the EU average, while oils and fats were 22% higher, and breads and cereals were 20% higher.

Ireland and Malta were jointly the second most expensive countries in the EU for non-alcoholic beverages.

For alcoholic drinks, Ireland was the second most expensive country in both the Eurozone and the EU, with prices of alcohol in Ireland just over double the EU average in 2021.

For tobacco, Ireland was the most expensive of the 36 countries surveyed in 2021, with prices 145% higher than the EU27 average.

The results, published by the Central Statistics Office on Wednesday, were taken from the report on Price Levels of Food, Beverages and Tobacco 2021: How Ireland Compares.

The CSO said the report provides greater insight into price level comparisons for Ireland in 2021 with other European countries and the EU in particular.

This analysis is based on statistics published by Eurostat on 21 June 2022 for 36 European countries.

Edel Flannery, senior statistician in the prices division, said: “Looking at how the price levels of food, beverages and tobacco in Ireland compared with other European countries in 2021, Ireland was the second most expensive country in the Eurozone and third most expensive of the 27 European Union countries for food, with prices 17% above the average for the EU27.

“Of the 36 countries surveyed, food was most expensive in Switzerland at 69% above the EU27 average, and least expensive in Turkey at 37% below the EU27 average.

“Looking at specific food categories, we can see that prices for the various types of foods in Ireland were all higher than the EU27 average in 2021, except for fish, which was 3% lower.

“Prices for milk, cheese and eggs in Ireland were 25% higher than the EU27 average, while oils and fats were 22% higher, and breads and cereals were 20% higher.

“For non-alcoholic beverages, Ireland was joint with Malta as the most expensive of the Eurozone in 2021, and second most expensive of the EU27 countries, with prices 37% higher than the EU27 average.

“Norway was the most expensive of the 36 countries for non-alcoholic beverages with prices 55% above the EU27 average, while Turkey was the least expensive with prices 33% below the EU27 average.

“For alcoholic beverages, Ireland was the second most expensive country in the Eurozone in 2021, with prices just over double the EU27 average.

“Of the 36 countries surveyed, Iceland had the highest prices of alcohol, at 186% above the EU27 average. Alcoholic beverages were cheapest in North Macedonia, at 19% below the EU27 average.

“For tobacco, Ireland was the most expensive of the 36 countries surveyed in 2021 with prices 145% higher than the EU27 average.

“Tobacco prices were lowest in Turkey with prices 74% below the average for the EU27.”

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