The data reveals significant variation across European countries in the Harmonized Index of Consumer Prices (HICP) for Medical Products, Appliances, and Equipment. The Czech Republic leads with a value of 12.1, followed closely by Hungary (11.976) and Serbia (11.8). These figures reflect both actual data up to 2023 and forecasted values for 2024. Year-on-year growth percentages highlight notable trends: Czech Republic at 2.76%, Hungary at 2.73%, and Lithuania at 2.87%, showcasing strong growth in Eastern Europe. Western European nations like France (9.346) and Switzerland (8.993) exhibit stable but lower values, with negative growth trends observed in countries like Belgium (-0.43%) and Finland (-1.55%).
Future trends to watch involve increasing investment in medical technologies and potential policy shifts in healthcare funding across Europe, which could alter these growth trajectories. Additionally, economic recovery post-pandemic and geopolitical shifts could influence inflation rates and HICP variations across different regions.
Top countries in Medical Products, Appliances and Equipment HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Czech Republic | 121 | 2022 | +4.58% | +2.76% | View data |
| 2 | 2 Hungary | 119.76 | 2022 | +4.23% | +2.73% | View data |
| 3 | 3 Serbia | 118 | 2022 | +4.7% | +2.17% | View data |
| 4 | 4 Montenegro | 115.97 | 2022 | +4.01% | +2.43% | View data |
| 5 | 5 Slovakia | 115.55 | 2022 | +3.79% | +2.05% | View data |
| 6 | 6 Lithuania | 115.52 | 2022 | +5.64% | +2.87% | View data |
| 7 | 7 Austria | 114.75 | 2022 | +3.16% | +2.16% | View data |
| 8 | 8 Kosovo | 112.44 | 2022 | +2.78% | View data | |
| 9 | 9 Latvia | 112.18 | 2022 | +4.22% | +1.21% | View data |
| 10 | 10 Portugal | 111.65 | 2022 | +1.17% | +1.9% | View data |
