The European Shoes HICP shows considerable variation by country, with the Czech Republic leading with a significant year-on-year increase of 15.2%, while Luxembourg sees a decrease of 0.8%. Countries like Romania, Poland, and Ireland have moderate rises between 5% and 7%. Western European nations such as Germany, France, and Italy indicate lesser changes, often below 3%. Southern and some Northern European countries like Portugal and Sweden report minimal or negative change, reflecting either stabilization or contraction in shoe prices.
Future trends to watch for include potential economic and policy shifts impacting footwear pricing across Europe. Countries experiencing high inflation may implement price stabilization measures, affecting future HICP values. Additionally, shifts in consumer demand and supply chain dynamics post-pandemic could further influence trends in shoe pricing across the continent.
Top countries in Shoes HICP by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Czech Republic | 15.2 | 2022 | View data |
| 2 | 2 Romania | 6.2 | 2022 | View data |
| 3 | 3 Poland | 5.6 | 2022 | View data |
| 4 | 4 Ireland | 5.4 | 2022 | View data |
| 5 | 5 Bulgaria | 5.2 | 2022 | View data |
| 6 | 6 Belgium | 5.2 | 2022 | View data |
| 7 | 7 Hungary | 4.9 | 2022 | View data |
| 8 | 8 Latvia | 4.8 | 2022 | View data |
| 9 | 9 Lithuania | 4.6 | 2022 | View data |
| 10 | 10 Croatia | 4.6 | 2022 | View data |