In 2024, Lithuania and Poland lead European countries in the HICP for Hairdressing Salons and Personal Grooming Establishments with values of 16.04 and 15.62 respectively. Over the last two years, Lithuania's annual inflation has risen by 7.59%, while Poland has seen a 8.31% increase. Notable year-on-year variations also include Bulgaria (7.11%), Hungary (6.77%), and Estonia (5.21%). Western European countries such as France (1.63%), Spain (1.67%), and Italy (1.57%) exhibit more stabilized increases. Eastern and Central European countries are experiencing higher inflation in this sector in comparison to their Western counterparts.
Looking ahead, future trends to watch for in European Hairdressing Salons and Personal Grooming Establishments include the potential stabilization of high inflation rates in Eastern Europe, the impact of technological advancements and digital solutions on service delivery, and increased consumer preference for sustainable and eco-friendly grooming products, which may affect market dynamics and pricing structures.
Top countries in Hairdressing Salons and Personal Grooming Establishments HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 160.42 | 2022 | +13.33% | +7.59% | View data |
| 2 | 2 Poland | 156.2 | 2022 | +14.35% | +8.31% | View data |
| 3 | 3 Slovakia | 153.38 | 2022 | +10.39% | +7.08% | View data |
| 4 | 4 Czech Republic | 146.8 | 2022 | +13.71% | +6.95% | View data |
| 5 | 5 Bulgaria | 145.84 | 2022 | +18.81% | +7.11% | View data |
| 6 | 6 Hungary | 145.83 | 2022 | +12.41% | +6.77% | View data |
| 7 | 7 Estonia | 145.55 | 2022 | +10.12% | +5.21% | View data |
| 8 | 8 Latvia | 139.76 | 2022 | +10.37% | +5.98% | View data |
| 9 | 9 Romania | 138.05 | 2022 | +8.5% | +5.72% | View data |
| 10 | 10 Kosovo | 134.05 | 2022 | +13.91% | View data |
