This is something that anyone spending a little time in Finland will soon notice as his shopping basket will take a significant bigger chunk of his budget. Prices in Finland are high and as a matter of fact, consumer prices in Finland rank third in the European Union, according to the recent statistics offered by Eurostat. Only Denmark and Ireland are more expensive for consumers than Finland.
The statistic measures the price level for consumer goods and services, including clothing, food, alcoholic beverages, tobacco, restaurants, hotels and consumer electronics, among others. The result indicates that Finland is some 25% more expensive than the EU average and it is the most expensive country in clothing. Perhaps, this explains why Finns dress so modestly, the popularity of H&M and the second hand market with shops like UFF.
Alcoholic drinks, controlled by state-owned company Alko, and tobacco contribute to the high prices as they stand 37% more expensive than the average.
