In 2024, Norway leads with the highest HICP for Major and Small Electric Appliances, followed closely by Estonia and Austria. Estonia has seen the largest year-on-year increase, reflective of significant pricing adjustments. Conversely, Greece experienced the only decrease, indicating a potential declining trend in consumer prices. Through a five-year compound analysis, Estonia, Iceland, and Norway showcase robust growth, attributed to increased consumer demand and pricing dynamics.
Future trends to monitor include technological advancements that could drive competitive pricing, sustainability demands influencing manufacturing and costs, and geopolitical factors affecting supply chains across Europe.
Top countries in Major Appliance and Small Electric Household Appliances HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 121.3 | 2022 | +1.42% | +3.07% | View data |
| 2 | 2 Estonia | 120.88 | 2022 | +11.95% | +3.54% | View data |
| 3 | 3 Austria | 118.92 | 2022 | +7.44% | +3.37% | View data |
| 4 | 4 Hungary | 118.74 | 2022 | +11.45% | +3.42% | View data |
| 5 | 5 Macedonia | 115.88 | 2022 | +7.74% | +2.53% | View data |
| 6 | 6 Netherlands | 115.18 | 2022 | +8.47% | +3.55% | View data |
| 7 | 7 Romania | 114.94 | 2022 | +4.61% | +2.62% | View data |
| 8 | 8 Serbia | 113.1 | 2022 | +9.81% | +2.09% | View data |
| 9 | 9 Slovakia | 112.95 | 2022 | +6.45% | +2.15% | View data |
| 10 | 10 Croatia | 111.52 | 2022 | +8.57% | +2.35% | View data |
