A surprise in measuring the cost of living in Germany compared to its European neighbors News -

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Official data showed that the cost of living in Germany is still higher than the EU average. The Federal Bureau of Statistics said at its headquarters in Wiesbaden on Monday (24 June 2019) that the cost of living in Germany rose last year by 4.3% compared to the average of the EU's 28 member countries.

The cost of living, including spending on food, housing and energy, is lower in Germany than most of its immediate neighbors, and is clearly declining in Poland and the Czech Republic.

Denmark has the highest expenditure on living costs within the EU, with prices rising 37.9 percent from the EU average. Followed by Ireland with 27.3%, Luxembourg 26.6, Finland 22.5 and Sweden 18.5%.

The lowest cost of living is in Bulgaria, where the cost of goods and services is about 50 times lower than in the EU.

(Reuters)

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