The data shows a wide disparity in the change of European Domestic Services and Household Services HICP by country, from as high as 27.6% in Macedonia to as low as 0.8% in Switzerland. Eastern European countries like Macedonia, Estonia, and Poland are experiencing the most significant increases, highlighting inflationary pressures or strong demand in these markets. In contrast, Western European countries and the Nordics, such as Switzerland, Italy, and Finland, are seeing much slower changes, indicating more stable services sectors or lower inflation rates.
Looking ahead, several trends could influence the European Domestic Services and Household Services HICP. We may see convergence as Eastern European countries gradually stabilize and align with broader EU inflation targets. Additionally, digital innovation in household services may contribute to increased efficiency and reduced costs, potentially moderating future HICP changes.
Top countries in Domestic Services and Household Services HICP by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Macedonia | 27.6 | 2022 | View data |
| 2 | 2 Estonia | 18.2 | 2022 | View data |
| 3 | 3 Poland | 17.3 | 2022 | View data |
| 4 | 4 Slovakia | 16.3 | 2022 | View data |
| 5 | 5 Czech Republic | 16 | 2022 | View data |
| 6 | 6 Hungary | 15.9 | 2022 | View data |
| 7 | 7 Lithuania | 14.6 | 2022 | View data |
| 8 | 8 Latvia | 14 | 2022 | View data |
| 9 | 9 Germany | 13.2 | 2022 | View data |
| 10 | 10 Bulgaria | 12.5 | 2022 | View data |
