The Global Maintenance & Repairs of the Dwellings CPI by country indicates notable variations in 2024, with Russia at the highest increase (17.13%) and Costa Rica experiencing a negative change (-0.29%). Many East European countries such as Hungary (14.89%), Austria (12.63%), and Lithuania (12.03%) exhibit high increases, suggesting robust growth in maintenance costs. Western European countries like Germany (9.48%), Belgium (8.84%), and Netherlands (7.32%) show moderate increases, indicating steady growth. The United States records an 11.14% increase, reflecting considerable demand in maintenance services. On the lower end, countries such as Greece (3.8%), South Korea (3.7%), and Switzerland (3.27%) show minimal increases.
Future trends to watch in the maintenance and repairs sector include the impact of inflation, labor costs, and raw material prices, which may drive up the CPI further. Also, technological advancements could influence efficiency and cost dynamics in maintenance services. The disparity in CPI changes across countries may narrow as economic conditions stabilize and more uniform best practices are adopted globally.
Top countries in Maintenance & Repairs of the Dwellings CPI by Country
| # | 10 Countries | Percent, Change on the Same Period in Previous Year | Last Year | |
|---|---|---|---|---|
| 1 | 1 Russia | 17.13 | 2021 | View data |
| 2 | 2 Hungary | 14.89 | 2023 | View data |
| 3 | 3 Austria | 12.63 | 2023 | View data |
| 4 | 4 Lithuania | 12.03 | 2023 | View data |
| 5 | 5 Poland | 11.8 | 2023 | View data |
| 6 | 6 United States | 11.14 | 2023 | View data |
| 7 | 7 Chile | 10.96 | 2023 | View data |
| 8 | 8 Slovenia | 10.5 | 2023 | View data |
| 9 | 9 Germany | 9.48 | 2023 | View data |
| 10 | 10 Estonia | 9.2 | 2023 | View data |
