The European Flours HICP highlights a broad range of inflation rates across countries. As of 2024, Latvia leads with the highest rate, reflecting significant post-2023 increases, followed by Kosovo and Portugal. Germany and smaller nations such as Bulgaria and Switzerland note lower variations, indicative of stable flour prices. Countries like Czech Republic and Greece have experienced marked fluctuations lately, showing vulnerability to economic conditions. A widespread boost after 2022 affected most regions, particularly in Latvia and Czech Republic, contrasting with the relative stability observed in Iceland, Ireland, and Cyprus, where no significant change was registered.
Future trends to watch include the potential effects of geopolitical events on wheat supply and how EU agricultural policies, climate change impacts, and technological advancements in agriculture may alter production and pricing. Increased diversification of flour sources and substitutes could also play a key role in varying inflation rates across different markets. Additionally, shifts towards sustainable practices may influence both costs and consumer preferences, impacting HICP trends across Europe.
Top countries in Flours HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Latvia | 195.05 | 2022 | +52.19% | +21.06% | View data |
| 2 | 2 Kosovo | 177.17 | 2022 | +38.54% | View data | |
| 3 | 3 Portugal | 171.16 | 2022 | +46.65% | +16.64% | View data |
| 4 | 4 Slovakia | 169.83 | 2022 | +48.73% | View data | |
| 5 | 5 Lithuania | 167.27 | 2022 | +52.69% | +10.76% | View data |
| 6 | 6 Hungary | 164.64 | 2022 | +18.22% | +12.02% | View data |
| 7 | 7 Estonia | 164.42 | 2022 | +53.41% | View data | |
| 8 | 8 Poland | 161.6 | 2022 | +32.57% | +13.78% | View data |
| 9 | 9 Bulgaria | 155.4 | 2022 | +24% | +9.23% | View data |
| 10 | 10 Czech Republic | 150.4 | 2022 | +49.65% | +19.65% | View data |
