In 2023, Bulgaria and Romania had the lowest consumer prices in the EU, while Denmark and Ireland had the highest.
Sanziana Georgescu
Economy
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Eurostat data show that Bulgaria (60% of the EU average) and Romania (64%) had the lowest price levels for household consumption in 2023. In contrast, Denmark (143%) and Ireland (138%) had the highest prices. Price differences are influenced by the taxation of products such as alcohol and tobacco, where Ireland has the highest prices (205%) and Bulgaria the lowest (69%). Other categories with significant variations include restaurants, hotels and clothing.
Sources
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