The 2024 forecasted Harmonized Index of Consumer Prices (HICP) for security services indicates significant variations across European countries. Estonia is poised for the highest increase at 16%, followed by Lithuania with a 12.1% change. Poland and Hungary are also expected to experience notable increases of 9.6% and 7.5%, respectively. In contrast, growth in Luxembourg and Ireland remains moderate at 5% and 3.4%. Denmark shows minimal growth at 0.9%.
Future trends to monitor include how inflationary pressures might impact security services pricing dynamics in Europe, along with geopolitical factors influencing cost fluctuations across different regions. Additionally, technological advancements and regulatory changes could alter the competitive landscape, potentially stabilizing or escalating costs further.
Top countries in Security Services HICP by Country
| # | 7 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Estonia | 16 | 2022 | View data |
| 2 | 2 Lithuania | 12.1 | 2022 | View data |
| 3 | 3 Poland | 9.6 | 2022 | View data |
| 4 | 4 Hungary | 7.5 | 2022 | View data |
| 5 | 5 Luxembourg | 5 | 2022 | View data |
| 6 | 6 Ireland | 3.4 | 2022 | View data |
| 7 | 7 Denmark | 0.9 | 2022 | View data |
