Czech Republic is Cheaper Than the EU Average

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The Czech Republic is significantly cheaper than much of Western Europe, but still ahead of several Eastern European countries. Prices in the Czech Republic in 2017 were at 69 percent of the European Union average, according to figures from Eurostat.

The most expensive EU country was Denmark, while Bulgaria was cheapest. The eurozone is also ahead of the EU average, at 102.6.

“In 2017, price levels for consumer goods and services differed widely in the European Union. Denmark (142 percent of the EU average) had the highest price level, followed by Luxembourg (127 percent), Ireland and Sweden (both 125 percent), Finland (122 percent) and the United Kingdom (117 percent). At the opposite end of the scale, the lowest price level was found in Bulgaria (48 percent), while Romania (52 percent) and Poland (56 percent) were just above 50 percent of the average,” Eurostat said in press release. 

Read the full article here (via Prague.TV) 


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