The European Petrol Harmonised Index of Consumer Prices (HICP) data reveals significant variability among countries. In 2024, Estonia leads with the highest HICP value, while Malta remains at the lower end. Recent year-on-year changes show distinct upward trends, notably in Latvia and Luxembourg, emphasizing regional variation. Over the past two years, inflationary pressures are evident in most countries, with pronounced trends in Germany and Hungary. The last five years indicate a compound annual growth across several countries, underscoring persistent energy price volatility.
Future trends to watch include potential shifts due to energy policy changes, geopolitical events affecting oil supply, and the impact of alternative energy adoption. These factors may alter the trajectory of petrol prices and influence HICP variations across Europe.
Top countries in Petrol HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Estonia | 170.16 | 2022 | +30.02% | View data | |
| 2 | 2 Latvia | 158.75 | 2022 | +32.34% | +12.2% | View data |
| 3 | 3 Norway | 158.3 | 2022 | +29.44% | View data | |
| 4 | 4 Sweden | 156.86 | 2022 | +27.13% | +8.03% | View data |
| 5 | 5 Lithuania | 147.62 | 2022 | +32.82% | +8.4% | View data |
| 6 | 6 Iceland | 145.84 | 2022 | +26.98% | View data | |
| 7 | 7 Finland | 145.27 | 2022 | +26.48% | View data | |
| 8 | 8 Luxembourg | 143.96 | 2022 | +27.78% | +11.88% | View data |
| 9 | 9 Austria | 143.8 | 2022 | +35.07% | +7.92% | View data |
| 10 | 10 Poland | 143.8 | 2022 | +21.76% | +9.95% | View data |
