The Most Expensive and Cheapest Countries in Europe • Forbes Georgia
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The prices of goods and services vary significantly between European countries. The differences are even noticeable between neighboring countries, such as Austria-Hungary or Germany-Poland. The best way to understand how expensive or cheap goods and services are in each country is to use the price level index. The price level is compared to the EU average and is calculated using purchasing power parity (PPP). PPP is an artificial currency that s…
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