Comparative price levels of consumer goods and services.
This article presents the most recent analysis of price levels for consumer goods and services in the European Union (EU), focusing on price level indices (PLIs), which provide a comparison of countries' price levels relative to the EU average and are calculated using purchasing power parities....
| Format: | Article in Journal/Newspaper |
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| Language: | unknown |
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European Commission
2021
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| Online Access: | https://www.drugsandalcohol.ie/34531/ https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Comparative_price_levels_of_consumer_goods_and_services#Price_levels_for_food.2C_beverages.2C_tobacco.2C_clothing_and_footwear |
| Summary: | This article presents the most recent analysis of price levels for consumer goods and services in the European Union (EU), focusing on price level indices (PLIs), which provide a comparison of countries' price levels relative to the EU average and are calculated using purchasing power parities. The results are based on price surveys covering more than 2 000 consumer goods and services which were conducted across 37 European countries participating in the Eurostat-OECD Purchasing Power Parities (PPP) program. The group of participating countries includes the 27 EU Member States, three EFTA countries (Iceland, Norway and Switzerland), United Kingdom, five candidate countries (Albania, Montenegro, North Macedonia, Serbia and Turkey) and one potential candidate country (Bosnia and Herzegovina). |
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