The Average Purchasing Power of Europeans in 2022 Is €16,344
The average per capita purchasing power in Europe in 2022 is €16,344. However, there are tremendous differences among the 42 countries.
Analyzing OECD data, the London-based Trades Union Congress (TUC) has prepared forecasts for wage growth in developed economies over the coming year. It's good news for a number of Eastern European countries, with Hungary, Latvia and Poland expected to see the largest increases at 4.9, 4.1 and 3.8 percent, respectively.
Tougher times await those in the soon-to-be-divorced UK though, where real wages are projected to shrink by a potentially punishing 0.7 percent. The U.S. is on the positive side of the chart, with a 1.2 percent jump upwards predicted to be on its way.
Više vijesti iz kategorije
Where Central Banks Have Issued Digital Currencies
The value of Bitcoins and NFTs might be dwindling, but a different approach to cryptocurrency is growing in popularity around the world while showcasing a different face of the blockchain.
The Hidden Suppliers of the Chip Industry
Since the start of the pandemic, chip shortages have majorly impacted the automotive, information technology, and consumer electronics sectors, partly due to disruptions in production processes and supply chains amid increased demand.
