{"id":21714,"date":"2022-06-22T10:53:00","date_gmt":"2022-06-22T08:53:00","guid":{"rendered":"https:\/\/dignitynews.eu\/?p=21714"},"modified":"2022-06-22T18:12:57","modified_gmt":"2022-06-22T16:12:57","slug":"eurostat-poland-becomes-one-of-the-cheapest-countries-in-the-european-union-in-2021","status":"publish","type":"post","link":"https:\/\/dignitynews.eu\/en\/eurostat-poland-becomes-one-of-the-cheapest-countries-in-the-european-union-in-2021\/","title":{"rendered":"Eurostat: Poland becomes one of the cheapest countries in the European Union in 2021"},"content":{"rendered":"<h5><strong>According to the latest Eurostat data, the level of prices of goods and services in Poland is one of the lowest in the European Union.<\/strong><\/h5>\n<p>As every year, Eurostat searched the price level of consumer goods and services in the Member States. This data is used to calculate HICP inflation on a monthly basis. This time they were presented in a different way. Instead of price dynamics, their level was analyzed in relation to the average level in the European Union.<\/p>\n<p>According to Eurostat, the highest price level in 2021 was recorded in Denmark and Ireland (140% of the EU average). It was followed by Luxembourg (132%), Sweden (128%) and Finland (126%). The lowest price levels were recorded in Poland (60%), Romania and Bulgaria (56% each).<\/p>\n<p>The largest price differences in the EU countries were recorded in restaurants and hotels and for alcohol and tobacco products.<\/p>\n<p>In 2021, the price level in restaurants and hotels was almost 3.4 times higher in the most expensive country than in the cheapest one. It ranged from 46% of the EU average in Bulgaria, 54% in Romania, up to 155% of the average in Denmark and 137% in Sweden.<\/p>\n<p>Alcohol and tobacco came second in terms of the difference in the price level, with the lowest price level recorded in Bulgaria (64% of the EU average), Poland (72%) and Hungary (79%) and the highest in Ireland (205%) and Finland (173%). This high price volatility is mainly due to the differences in taxation of these products, emphasizes Eurostat.<\/p>\n<p>Food and non-alcoholic beverages were the cheapest in Romania (69% of the EU average) and Poland (72%), while the most expensive in Luxembourg (125% of the average), Denmark (120%) and Ireland (119%).<\/p>\n<p>Smaller price disproportions were recorded in personal transport between the Member States, with Poland (81% of the EU average) being the cheapest and Denmark (138%) the most expensive. Price differences were also limited in the case of consumer electronics, ranging from 88% of the average in Poland to 113% in the Netherlands.<\/p>\n<p>Adrian Andrzejewski<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to the latest Eurostat data, the level of prices of goods and services in Poland is one of the lowest in the European Union. As every year, Eurostat searched&hellip;<\/p>\n","protected":false},"author":7,"featured_media":21668,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"footnotes":""},"categories":[42],"tags":[],"class_list":["post-21714","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-events"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Eurostat: Poland becomes one of the cheapest countries in the European Union in 2021 - Dignity - DignityNews.eu<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dignitynews.eu\/en\/eurostat-poland-becomes-one-of-the-cheapest-countries-in-the-european-union-in-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eurostat: Poland becomes one of the cheapest countries in the European Union in 2021 - Dignity - DignityNews.eu\" \/>\n<meta property=\"og:description\" content=\"According to the latest Eurostat data, the level of prices of goods and services in Poland is one of the lowest in the European Union. 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