28.06.2022
Comparative price levels in 2021
According to the final data of EUROSTAT, within the purchasing power parity project, the price level indices for consumer goods and services in Montenegro was 60% of the EU average in 2021.
Price levels for consumer goods and services varied significantly across EU member states in 2021. Denmark and Ireland recorded the highest price levels (140% of the EU average), followed by Luxembourg (132%), Sweden (128%) and Finland (126%), while the lowest price levels were recorded in Romania and Bulgaria (56%) and Poland (60%).
Among the neighbouring countries, Croatia had the highest price level of consumer goods and services which is 71% of the EU average, while Albania and Serbia record a price level of 61% and 60% of the EU average. The price level of consumer goods and services in Bosnia and Herzegovina was on the level of 56% of the European average, while North Macedonia was on the level of 52% of the European average.
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