Malta Independent

Maltese consumer goods and services price levels below EU average

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Price levels for consumer goods and services differ widely among EU Member States, according to Eurostat, with Maltese price levels 17.7% below the EU average in 2017.

Denmark and Luxembourg had the highest price levels in 2017 (both 41 % above the EU average), followed by Sweden (35 % above), Ireland (28 % above), Finland (23 % above) and the United Kingdom (17 % above), while the lowest price levels were recorded in Bulgaria (56 % below the EU average), Romania (52 % below), Poland (47 % below), Hungary (42 % below) and Lithuania (40 % below).

At a more detailed level, Denmark was the most expensive Member State in 2017 for "restaurant­s and hotels" (51 % above the EU average), "food" (50 % above), "recreation and culture" (48 % above), "transport (28 % above) and "household equipment" (20 % above). Ireland was the most expensive Member State for "alcoholic beverages and tobacco" (74 % above), Luxembourg for "housing, water, electricit­y and gas" (63 % above), Greece for "communicat­ions" (54 % above) and Sweden for "clothing and footwear" (34 % above).

With regards to detailed Maltese price levels in 2017, levels for ‘food and non-alcoholic beverages’ were 10% higher than the EU average. Maltese price levels in 2017 were 0.4% higher for ‘alcoholic beverages and tobacco’, 1.2% higher for ‘furnishing­s and household equipment’ and lower than the EU average in all other categories, including for ‘clothing and footwear’, Housing, water, electricit­y, gas and other fuels’, ‘health’, ‘transport’, ‘communicat­ions’, ‘recreation and culture’, ‘education’ and ‘restaurant­s and hotels’

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