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Comparison of price levels in Europe
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2 Articles
"It used to be cheaper," you say, and you often hear. But is that really true, even if salaries rise? A historical price comparisonEverything becomes more expensive! The feeling is true for the moment. In fact, the prices for many offers have increased in recent years. 19 years ago, RTL recorded the prices for many things of everyday life. In random samples, employees of the station recorded what had to be paid for, for example, a doner or a cin…
Comparison of price levels in Europe
The statistics highlight the relative price level between countries using Purchasing Power Parities (PPP). PPPs tell us how many currency units a given quantity of goods and services costs in different countries. PPPs are used to convert a country's GDP to comparable volume aggregates, as well as for analysis of the level of expenditure.
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