Price increases for goods and services in Europe the last seven years; These products affected more
The statistical office of the European Union, Eurostat, has issued a report showing how prices in European countries have changed since 2000.
- Total: Prices in the European Union have increased by 36.5% between 2000 and 2017.
In accordance the report, while the overall inflation rate can be considered as moderate in the EU since the start of the millennium, significant price variations are noticeable at a detailed level.
Between 2000 and 2017, prices in the EU have risen by 36 % overall. The highest increases were registered for “alcoholic beverages and tobacco” as well as for “education” where prices rose by more than 90 %. “Housing, water, electricity and gas” as well as “restaurants and hotels” followed with growth rates of more than 55 %. Prices for “clothing and footwear” remained nearly stable, while prices for “communications” decreased by more than 20 %.
Below is an interactive visualisation to see how prices in your country have changed since 2000:
Source: eurostat – High price increases for alcohol and tobacco
