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Germans spend more than the EU average, but still less than their neighbors

According to latest (preliminary) figures from the German Federal Statistical Office, the price level for private spending in Germany was approximately 1.5% higher than the average of all EU-28 member states in 2013. Still, German consumers had to spend less than most of the consumers in direct neighbor states, with the exception of Poland and the Czech Republic.

Across all EU-member states, spending for private consumption in Scandinavian countries ranged highest. As such, consumer in Denmark, Sweden and Finland had to pay 39.6%, 29.8% and 23.5% more for an average shopping basket. At the very end of the list was Bulgaria were consumers spent less than half of the EU-28 average.

 

Further information: https://www.destatis.de/DE/PresseService/Presse/Pressemitteilungen/2014/06/PD14_220_61621pdf.pdf?__blob=publicationFile

Source: Statistisches Bundesamt