The ratio of basic food spending to the minimum wage in the CEE region was the highest in Ukraine, reaching over 49 percent, and the lowest in Poland - 13.2 percent as of January 2024. In other words, the monthly expenses on the basic food basket occupied approximately one-seventh percent of the official minimum wage in Poland and nearly half in Ukraine.
Cost of food as a share of minimum wages in selected Central and Eastern European countries as of January 2024
The basic food spending was calculated by the source as the total price of a consumer basket with the following products: 10 bread loafs, 10 liters of milk, 20 eggs, 1.5 kilograms of rice, 1 kilogram of cheese, 6 kilograms of meat, 6 kilograms of fruit, and 8 kilograms of vegetables.
The statistic has been compiled from several reports by the source.
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Picodi. (January 16, 2024). Cost of food as a share of minimum wages in selected Central and Eastern European countries as of January 2024 [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1445863/food-spending-to-minimum-wage-cee/
Picodi. "Cost of food as a share of minimum wages in selected Central and Eastern European countries as of January 2024." Chart. January 16, 2024. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1445863/food-spending-to-minimum-wage-cee/
Picodi. (2024). Cost of food as a share of minimum wages in selected Central and Eastern European countries as of January 2024. Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1445863/food-spending-to-minimum-wage-cee/
Picodi. "Cost of Food as a Share of Minimum Wages in Selected Central and Eastern European Countries as of January 2024." Statista, Statista Inc., 16 Jan 2024, https://www.statista.com/statistics/1445863/food-spending-to-minimum-wage-cee/
Picodi, Cost of food as a share of minimum wages in selected Central and Eastern European countries as of January 2024 Statista, https://www.statista.com/statistics/1445863/food-spending-to-minimum-wage-cee/ (last visited October 31, 2024)
Cost of food as a share of minimum wages in selected Central and Eastern European countries as of January 2024 [Graph], Picodi, January 16, 2024. [Online]. Available: https://www.statista.com/statistics/1445863/food-spending-to-minimum-wage-cee/