The European Furnishings, Household Equipment, and Routine Household Maintenance HICP has shown notable increases across various countries. Norway leads with a value of 11.86, followed by Hungary and the Czech Republic, highlighting significant inflation in this sector. The year-on-year variations from 2021 demonstrate consistent upward trends, with Norway experiencing a notable increase of 2.43%, while Switzerland saw the least change with 0.069%. Over the last five years, the sector's CAGR has shown substantial growth, aligning with increasing consumer demand and inflationary pressures.
Future trends to watch in the European furnishings and household equipment sector include:
- Continued inflationary pressures due to global supply chain constraints.
- Greater emphasis on sustainable and eco-friendly products influencing product offerings and pricing.
- Potential economic impacts and spending changes due to emerging digital shopping trends and technological advancements.
- Increased focus on luxury and high-quality items as disposable income varies across regions.
Top countries in Furnishings, Household Equipment and Routine Household Maintenance HICP by Country
| # | 10 Countries | Indexes 2010 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 118.6 | 2021 | +3.58% | +2.43% | View data |
| 2 | 2 Hungary | 111.14 | 2021 | +4.93% | +2.02% | View data |
| 3 | 3 Czech Republic | 109.2 | 2021 | +3.31% | +1.8% | View data |
| 4 | 4 Austria | 108.89 | 2021 | +1.85% | +1.44% | View data |
| 5 | 5 Estonia | 107.98 | 2021 | +3.34% | +1.47% | View data |
| 6 | 6 Poland | 107.3 | 2021 | +3.77% | +1.44% | View data |
| 7 | 7 Luxembourg | 107.16 | 2021 | +1.32% | +1.26% | View data |
| 8 | 8 Slovakia | 106.82 | 2021 | +2.65% | +1.29% | View data |
| 9 | 9 Sweden | 106.07 | 2021 | +1.44% | +1.02% | View data |
| 10 | 10 Germany | 105.3 | 2021 | +2.33% | +0.92% | View data |
