Cypriots spend little over EU average on alcohol and rising

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Cypriots spend little over EU average on...
 © CyprusMail 2018
 

In 2016, households in the European Union (EU) spent 1.6 per cent of their total consumption expenditure on alcoholic beverages. In Cyprus it was 2 per cent, up 0.4 per cent on the bloc’s average in ten years, and the biggest rise in the EU along with the Czech Republic.

This represents a total expenditure of almost €130 billion, equivalent to 0.9 per cent of EU GDP or over €250 per EU inhabitant, according to Eurostat.

Households` annual expenditure on alcoholic beverages is roughly equivalent to their expenditure on medical products, appliances and equipment, and...


Cypriots spend little over EU average on alcohol and rising


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