In 2024, Hungary leads Europe with a significant hike in bread prices at a 53.2% change from the previous period, followed by Macedonia, Montenegro, and other Eastern European countries continuing to see high increases. Western European countries like Switzerland (2.4%), France (6.6%), and Norway (6.5%) experience much lower inflation rates. This indicates a regional disparity where Eastern European countries maintain higher bread inflation compared to their Western counterparts.
Future trends to watch in European Bread HICP:
- Impact of global grain market conditions on bread prices.
- Inflationary pressures and policy interventions across Europe.
- Potential stabilization in Western Europe and persistent high rates in Eastern regions.
Top countries in Bread HICP by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Hungary | 53.2 | 2022 | View data |
| 2 | 2 Macedonia | 44.2 | 2022 | View data |
| 3 | 3 Montenegro | 38.5 | 2022 | View data |
| 4 | 4 Lithuania | 28.6 | 2022 | View data |
| 5 | 5 Kosovo | 28.1 | 2022 | View data |
| 6 | 6 Slovakia | 27.2 | 2022 | View data |
| 7 | 7 Bulgaria | 27.2 | 2022 | View data |
| 8 | 8 Croatia | 26.2 | 2022 | View data |
| 9 | 9 Czech Republic | 26.1 | 2022 | View data |
| 10 | 10 Estonia | 26.1 | 2022 | View data |
