Sure! Here’s the translation in American English:
In 2024, price levels for final household consumption expenditure in the European Union have shown marked diversity, according to Eurostat data. Denmark tops the list with a price level reaching 143% above the EU average, followed by Ireland at 138% and Luxembourg at 133%. In contrast, Bulgaria, at 60%, Romania at 64%, and Poland at 72% have the lowest levels.
These variations highlight significant economic differences that persist among member states, where factors such as the cost of living and tax policies play a crucial role. This disparity not only influences the consumption of goods and services but also impacts the quality of life for citizens.
Among the items with the greatest price disparity, alcohol and tobacco stand out significantly. In Ireland, the price of these products is three times higher than in Bulgaria, reaching an astonishing 205% of the EU average. Finland and France also rank high with levels of 175% and 137%, respectively. Meanwhile, Bulgaria, Poland, and Slovakia offer more accessible prices, largely thanks to their tax policies.
The restaurant and hotel sectors also show notable price differences, with Denmark again leading at 148% above the EU average. Ireland and Finland follow this trend with 129% and 127%. In contrast, Bulgaria, Romania, and Hungary maintain significantly lower costs in this area.
In the fashion sector, clothing shows significant variations, again led by Denmark at 133%. Sweden and Finland also present noteworthy figures at 120% each, while Bulgaria, Hungary, and Romania offer considerably more competitive prices, ranging from 79% to 85% of the average.
Other categories also reflect disparities. In food and non-alcoholic beverages, prices range from 76% in Romania to 125% in Luxembourg. Personal transport equipment shows variations from 89% in Slovakia to 120% in Denmark. In the field of consumer electronics, prices range from 89% in Italy to 115% in Finland.
These findings not only reflect the economic complexity of the bloc but also evidence the impact that prices have on consumption behavior and the well-being of European citizens. The comparison between countries emerges as a crucial tool for understanding market dynamics within the European Union.
via: MiMub in Spanish
