Living standard in Czech Republic some 20 percent below EU average

Figures released by Eurostat - the statistical office of the European communities - suggest that the living standard in the Czech Republic came a bit closer to the EU average last year. Based on first preliminary estimates, Gross Domestic Product per inhabitant expressed in Purchasing Power Standards in the Czech Republic was some 20 percent below the EU average. Overall, the figures varied from 37% to 280% of the average across the 27 member states. Revised estimates will be published in December.

Author: Dita Asiedu