Bulgaria and Romania had the lowest prices for consumer goods and services in the European Union in 2017.

The prices were 52% below the EU average in Romania and 56% lower than the EU average in Bulgaria. However, the prices of goods and services in Romania increased compared to 2000, when they stood at only 35% of the EU average, Eurostat data shows.

Other countries that have low prices compared to the EU average are Poland (47% below EU average), Hungary (42% below EU average) and Lithuania (40% below). At the other end, the most expensive goods and services were in Denmark and Luxembourg, 41% higher than the EU average, followed by Sweden, where prices are 35% over the EU average.

editor@romania-insider.com