News

29.06.2023
Comparative price levels in 2022

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 2022.

Price levels for consumer goods and services varied significantly across EU member states in 2022. Ireland recorded the highest price levels (146% of the EU average), followed by Denmark (145%), Luxembourg (137%), Finland (127%) and Sweden (124%), while the lowest price levels were recorded in Poland (62%) Bulgaria (59%) and Romania (58%).

Among the neighbouring countries, Croatia had the highest price level of consumer goods and services which is 72% of the EU average, while Serbia and Albania record a price level of 63% and 61% of the EU average. The price level of consumer goods and services in Bosnia and Herzegovina was on the level of 58% of the European average, while North Macedonia was on the level of 51% of the European average.

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