Croatian Food Prices At EU Level, Average Wage Three Times Below…

Lauren Simmonds

Despite the facts, Croatia’s residents don’t view the country as a cheap one…

As Poslovni Dnevnik writes on the 21st of June, 2018, the Republic of Croatia is the sixth cheapest EU member state when it comes to average prices.

Denmark ranks as the most expensive, twice as expensive as Croatia, and the cheapest is Bulgaria, which is at half of the European average as far as prices and GDP are concerned according to Eurostat on the basis of price movements in 2017.

As Vecernji list writes, despite this, Croatia’s residents themselves don’t experience the country as an inexpensive one, and for such an opinion there is confirmation in the structure of the prices of certain products and services – the food to which a third of Croatia’s income goes is a mere four percent cheaper than the European average, with people in the United Kingdon eating much more cheaply. Food and beverage prices in all transition countries, except for Slovenia, are lower than they are in Croatia.

Poland, for example, has a food price of 65 percent of the EU average, Hungary 82 percent, Slovakia 91 percent, Bulgaria 73 percent, Czech 86, and Croatia’s stands at 96 percent.

Furthermore, Croatia is in the group of countries where consumer electronics are the highest in Europe – 8 percent more than the EU average, as well as clothes prices being well above the average.

Yesterday’s publication of comparisons of product groups show that the standard in Croatia is kept to a minimum solely due to lower housing costs. The prices of electricity and gas in Croatia are 37 percent lower than the average prices in the EU, and cigarette and alcohol prices are also low, with food and accommodation in hotels and restaurants is lower than a quarter of the average in the EU.

The French Institute Economique Molinari has published an analysis of EU income, according to which Croatia’s net salaries are lowest in the EU, in 2016 they were 8934 euros per year, three times lower than Germany, Austria, and Ireland where food is only slightly more expensive.

 

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