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Price levels vary by almost one to three across the EU Member States

Jun 20, 2018 | News

(20 June 2018) – In 2017, price levels for consumer goods and services in the European Union varied by almost one to three between the cheapest and the most expensive Member State.

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Denmark (142% of the EU average) had the highest price level, followed by Luxembourg (127%), Ireland and Sweden (both 125%), Finland (122%) and the United Kingdom (117%).

At the opposite end of the scale, the lowest price level was found in Bulgaria (48%), while Romania (52%) and Poland (56%) were just above 50% of the average.

Restaurants and hotels is a category where large differences in price levels were observed. Price levels ranged from 60% or less of the EU average in Bulgaria (45%), Romania (53%) and the Czech Republic (60%) to 151% in Denmark and 146% in Sweden.

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