In 2023, Hungary experienced the highest Home Furniture HICP at a value of 14.788, followed closely by the Czech Republic and Estonia. Key trends observed highlight Hungary and the Czech Republic having significant year-on-year changes, with Hungary leading in growth as recorded in 2022. Despite a consistent increase in most countries, certain areas like Estonia, Malta, and Slovakia saw no variation, indicating stable price indices across these nations. Over a five-year period, a moderate Compound Annual Growth Rate reflects incremental growth rates across the continent.
Future trends to watch in the European Home Furniture HICP by Country could include how economic fluctuations, supply chain disruptions, or currency variances could influence home furniture pricing. Furthermore, shifts in consumer demand and sustainability trends may further impact price indices, pushing countries with previously stable indices towards higher variability in the realm of home furniture pricing.
Top countries in Home Furniture HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 147.88 | 2022 | +18.53% | +10.23% | View data |
| 2 | 2 Czech Republic | 139.4 | 2022 | +14.92% | +8.51% | View data |
| 3 | 3 Estonia | 135.64 | 2022 | +15.44% | View data | |
| 4 | 4 Malta | 128.72 | 2022 | +7.63% | View data | |
| 5 | 5 Sweden | 128.52 | 2022 | +18.66% | +6.13% | View data |
| 6 | 6 Lithuania | 128.27 | 2022 | +9.59% | +4.2% | View data |
| 7 | 7 Netherlands | 127.67 | 2022 | +13.16% | +4.51% | View data |
| 8 | 8 Latvia | 124.57 | 2022 | +11.78% | +6.38% | View data |
| 9 | 9 Austria | 124 | 2022 | +9.31% | +3.65% | View data |
| 10 | 10 Poland | 123.2 | 2022 | +13.03% | +6.46% | View data |
