Consumer Prices Data

Tuesday, 3 December 2019

Ceisteanna (97)

Robert Troy

Ceist:

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]

Amharc ar fhreagra

Freagraí scríofa

Minister of State at the Department of the 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