PMR Insight: Average prices of clothing and footwear in CEE at 89% of EU level

Bartłomiej Damek, Retail Analyst, PMR

Recently, Eurostat issued a press release containing new data that, among other things, show the average price of clothing and footwear in Central and Eastern European (CEE) countries (i.e., those reviewed by PMR, including Bulgaria, Czech Republic, Hungary, Poland, Romania, and Slovakia) amounted to 89% of the average price in the entire European Union. Compared to 2015, the ratio of the CEE to the EU average dropped slightly, continuing a downward trend following 2012-2016 period peak of 93.8% (2014). The trend was mostly fuelled by dropping prices of clothing and footwear in Poland,…

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