The European Accommodation and Food Services Producer Price Index shows significant variability among countries. In 2024, Hungary leads with a value of 16.19 (thousands 2015 = 100), followed by Slovenia at 13.08. Croatia and Sweden have similar values, 12.67 and 12.06 respectively, while Finland and France are slightly lower, 11.7 and 11.16. Over the past two years, Croatia experienced a notable increase at 6.06% y-o-y in 2022, whereas no growth was seen in Hungary. The average annual growth over the last five years indicates progressive trends with attention needed for future stability and expansion opportunities.
Future trends to watch in the European Accommodation and Food Services sector include:
- Monitoring the impact of economic policies on growth rates across countries.
- Assessing recovery post-COVID-19 as tourism rates stabilize.
- Evaluating exchange rate fluctuations influencing pricing strategies and international competitiveness.
- Identifying shifts in consumer behavior towards sustainable and local food services.
- Adapting to technological innovations in hospitality and service delivery.
Top countries in Accommodation and Food Services Producer Price Index by Country
| # | 6 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 161.9 | 2022 | +17.06% | View data | |
| 2 | 2 Slovenia | 130.8 | 2022 | View data | ||
| 3 | 3 Croatia | 126.7 | 2022 | +16.88% | +6.06% | View data |
| 4 | 4 Sweden | 120.6 | 2022 | +9.04% | +2.93% | View data |
| 5 | 5 Finland | 117 | 2022 | +6.07% | +2.32% | View data |
| 6 | 6 France | 111.6 | 2022 | +5.48% | +1.94% | View data |
