Price levels for households lower than EU average

CEE Macro and FI Daily , 23. Juni
Price levels for households lower than EU average

In 2024, price levels for household final consumption expenditure differed widely across the EU. The highest price levels for household consumption were recorded in Denmark (143% of the EU average), Ireland (138%) and Luxembourg (133%). Meanwhile, the lowest levels were registered in Bulgaria (60%), Romania (64%) and Poland (72%). As for the CEE region itself, all the countries have price levels for household final consumption expenditure below the EU average, despite very high, even double-digit price increases over last couple of years. While Romania and Poland have the lowest price levels, Slovenia (90%), Czechia (88%) and Slovakia (85%) have the highest price levels in the region. Further, price levels tend to correlate with the stage of development. Slovenia or Czechia have also the highest GDP levels compared to the EU average, while Romania, on the contrary.