Tuesday, 3 December 2019

Questions (97)

Robert Troy

Question:

97. Deputy Robert Troy asked the Taoiseach the latest annual and quarterly EUROSTAT data for Ireland in relation to EU consumer price levels for goods and services; the EU average figure; and the ranking and position of Ireland in relation to other countries in the EU 28, in tabular form. [50022/19]

View answer

Written answers (Question to Taoiseach)

Price levels for consumer goods and services in the EU can be compared using price level indices which provide a comparison of countries' price levels relative to the EU average (EU28=100) and are calculated using purchasing power parities. The most recent annual data refers to 2018. The data are not available on a quarterly frequency.

The 2018 results show that Ireland was the second most expensive Member State for consumer goods and services (27% above the EU28 average). Denmark had the highest price levels, at 38 % above the EU28 average, and Bulgaria had the lowest, at 49 % below the EU average in 2018.

The results are based on price surveys covering more than 2,000 consumer goods and services which were conducted across countries participating in the Eurostat-OECD Purchasing Power Parities (PPP) programme.

The following table shows the price level indices for household final consumption expenditure in 2018 for each Member State (EU28=100), as published by Eurostat.

Table: Price level indices for household final consumption expenditure (EU-28=100), 2018

EU Member State

Price level indices (EU28=10)

Denmark

137.9

Ireland

127.3

Luxembourg

126.6

Finland

122.5

Sweden

118.5

United Kingdom

116.5

Netherlands

112.1

Belgium

111.1

France

110.3

Austria

109.6

Germany

104.3

Italy

100.6

EU 28

100.0

Spain

92.5

Cyprus

88.8

Portugal

86.8

Slovenia

84.9

Greece

84.2

Malta

82.2

Estonia

80.1

Latvia

73.8

Czechia

70.8

Slovakia

70.2

Croatia

68.2

Lithuania

65.7

Hungary

62.4

Poland

57.4

Romania

52.8

Bulgaria

50.6

Source: Eurostat