In Albania cheap restaurants. Expensive electronics and clothing
Albania, the country with the lowest income in Europe, is the country with the highest prices in the Balkan region for some categories, such as “food and soft drinks”, and in particular for clothing and electronics, compared to the European average .
Although Albanian families also have lower incomes than all others (31% of the European average), they also face high food prices, making them even poorer. https://www.monitor.al/me-te-varfrit-e-europes-shqiperia-serish-me-konsumin-dhe-te-ardhurat-me-te-uleta-per-fryme-ne-2019-n/
Eurostat today released comparable data on the level of the consumer price index for goods and services, which measures the price differences between the countries of the European Union, including the region.
Overall, in Albania, prices are 57% of the EU average (from 54% in 2018), the highest in the region, together with Serbia and Montenegro. The cheapest is Macedonia, with 50% of the EU average and then Bosnia, with 55% (data on Kosovo is missing).
For some categories, Albania is more expensive. For food and soft drinks, prices reach 82% of the European average, while Montenegro, with the highest income, has 79%, Serbia (78%), Bosnia and Herzegovina (76%), while more cheap, food is in northern Macedonia (61%). North Macedonia is where food is cheaper than in any other country in Europe.
Albania also holds the record for the greatest weight of food costs, with families spending on average 44% of their total needs to feed (the EU average is 12%)
The most expensive in the region are the clothes, which are almost equal to the European average (97%). In Montenegro they are 88%, Serbia (94%), northern Macedonia (76%). The cheapest clothes in Europe are found in Turkey (45%) and the most expensive in Denmark, up to 132% of the European average.
Above the European average there are the prices of electronic devices (103%), where the most expensive of us is only Serbia (113%).
Albania and Macedonia have the cheapest restaurants in Europe, with an average of 46 and 45%, while the most expensive is Montenegro (57%).
For total prices, the cheapest country in Europe is Turkey, with 47% of the European average and Switzerland more expensive (162%). Food is the most expensive in Switzerland (163%), the cheapest in Northern Macedonia (61%). Electronic devices are the cheapest in Poland (91%) and the most expensive in Iceland (131%). Iceland is the leader in restaurants (176%), while the cheapest is Macedonia and then Albania.
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