The analysis of European Major Household Appliances HICP by country reflects notable variation among different nations. Norway, Hungary, Austria, and Estonia exhibit the highest indices, indicating significant price levels relative to 2015. Nations like Romania, Macedonia, and the Netherlands follow closely, suggesting a consistent rise in the cost of household appliances.
Year-on-year data from 2022 reveals substantial increases for Hungary (5.68%), Austria (3.54%), Netherlands (3.89%), Czech Republic (4.08%), and Poland (2.9%), underpinning a trend of inflation across several Eastern and Central European countries. Conversely, countries such as France and Greece showcase minor decreases, indicating relative stability or deflation in household appliance costs.
CAGR over the last five years suggests Hungary, Austria, and the Netherlands have experienced the fastest price increases, aligning with their strong year-on-year growth. Countries like Norway and Estonia have maintained stable, high indices without significant year-on-year variation.
Future trends to watch for include potential economic shifts influencing inflation, supply chain improvements, and technological advancements in household appliances. Continued economic instability or enhanced production efficiencies could further impact relative stability or fluctuations in the HICP across Europe.
Top countries in Major Household Appliances HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 121.8 | 2022 | +2.27% | View data | |
| 2 | 2 Hungary | 121.6 | 2022 | +12.01% | +5.68% | View data |
| 3 | 3 Estonia | 120.67 | 2022 | +12.51% | View data | |
| 4 | 4 Austria | 120.27 | 2022 | +7.57% | +3.54% | View data |
| 5 | 5 Romania | 115.51 | 2022 | +4.81% | View data | |
| 6 | 6 Macedonia | 115.51 | 2022 | +8.14% | +3.2% | View data |
| 7 | 7 Netherlands | 115.18 | 2022 | +8.52% | +3.89% | View data |
| 8 | 8 Slovakia | 114.48 | 2022 | +6.78% | View data | |
| 9 | 9 Serbia | 114.3 | 2022 | +10.76% | View data | |
| 10 | 10 Sweden | 113.31 | 2022 | +7.38% | +3.25% | View data |
