Austria in the Upper Third of Comparative Price Levels across Europe

Business › Economy ♦ Published: June 28, 2011; 13:20 ♦ (Vindobona)

Austria recorded the eighth highest price level among the 27 EU member countries. Food and energy were found to be the most expensive segments in the country as compared to European prices.

Austria in the Upper Third of Comparative Price Levels across Europe / Picture: © Vindobona.org

In 2010, price levels for a comparable basket of consumer goods and services varied considerably across the European Union - with price differences up to triple folds. This was confirmed by the latest calculations of purchasing power parities and price level indices by Eurostat, the Statistical Office of the European Communities that had carried out widespread consumer price surveys…

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