Destatis: price level of private consumption expenditure in Germany in 2014 was 1.5% higher than the average of the 28 EU Member States

WIESBADEN, 23-6-2015 — /EuropaWire/ — The price level of private consumption expenditure in Germany in 2014 was by 1.5% higher than the average of the 28 Member States of the European Union (EU). The Federal Statistical Office (Destatis) also reports that in most of Germany’s direct neighbour countries the price level was higher. Only in Poland and in the Czech Republic, the cost of living was lower, as had been the case in the last few years.

The data are based on provisional results on purchasing power parities and comparative price levels released by the Statistical Office of the European Union (Eurostat) on 16 June 2015.

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