European Retirement Homes for Elderly Persons and Residences for Disabled Persons HICP by Country

Based on data from 2023, Lithuania reports the highest Harmonized Index of Consumer Prices (HICP) in retirement homes for elderly and disabled, with a value standing at 20.785 (thousands 2015 = 100). Other countries such as Estonia, Latvia, and Poland also show elevated HICP, indicating rising costs in these regions over the past years. The year-on-year variation shows Lithuania's significant increase by 12.56%, while Macedonia experienced a decline of 0.65%. Over the last five years, the compound annual growth rate points to consistent upward trends in Eastern Europe, with slower growth in Western countries.

Future trends to watch in Europe's retirement homes sector include inflation pressures potentially increasing HICP rates, especially in Eastern Europe. Demographic changes, such as aging populations, may further drive demand and influence cost variations. Policy shifts around healthcare funding and eldercare services could also impact price dynamics differently across countries.