Publication detail

This report shows the results of the PPP exercise conducted by Eurostat covering the year 2005 and the preliminary results for the year 2006. The exercise is conducted in 37 countries. The Icelandic per capita volume index at level of Gross Domestic Product is among the highest in the exercise, 30% over the EU27 average. At the pre¬vailing exchange rate of the Icelandic currency in 2006 the relative price level was the highest in Europe, 42% over the average for the GDP as whole and 64% over for food and non-alcoholic beverages.