US EditionAlbanian Citizens Face Higher Consumer Prices Than EU Average, Despite Lower Wages
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Albanian Citizens Face Higher Consumer Prices Than EU Average, Despite Lower Wages
In 2024, Albanian citizens continue to face a challenging paradox: they earn only about 41% of the average income in the European Union based on purchasing power parity (PPP), yet they are often paying more than Europeans for a wide range of essential and consumer goods. According to Eurostat’s Comparative Consumer Price Index, prices in Albania for many categories of goods exceed the EU average, some by as much as 50%, even after adjusting for …
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