In 2023, Lithuania led European countries with a HICP value of 16.7 for restaurants and cafes, closely followed by the Czech Republic and Hungary with values of 16.35 and 15.976, respectively. The variation data from 2022 highlights significant year-on-year increases in Hungary, the Czech Republic, and Lithuania, each above 7.5%. Meanwhile, notable countries like Albania and Kosovo did not witness changes during the same period.
Future trends suggest a potential stabilization in inflation rates for restaurants and cafes in Europe as central banks might implement tighter monetary policies. Additionally, consumer behavior changes and evolving supply chain dynamics due to geopolitical factors could further impact price levels.
Top countries in Restaurants, Cafes HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 167 | 2022 | +14.79% | +7.52% | View data |
| 2 | 2 Czech Republic | 163.5 | 2022 | +24.05% | +8.25% | View data |
| 3 | 3 Hungary | 159.76 | 2022 | +19.96% | +8.47% | View data |
| 4 | 4 Poland | 150 | 2022 | +16.28% | +7.6% | View data |
| 5 | 5 Bulgaria | 146.51 | 2022 | +17.74% | +7.02% | View data |
| 6 | 6 Slovakia | 144.07 | 2022 | +12.77% | +6.44% | View data |
| 7 | 7 Estonia | 139.35 | 2022 | +11.39% | +4.93% | View data |
| 8 | 8 Croatia | 136.35 | 2022 | +14.15% | +5.01% | View data |
| 9 | 9 Latvia | 131.99 | 2022 | +12.49% | +4.86% | View data |
| 10 | 10 Iceland | 131.05 | 2022 | +6.97% | +3.59% | View data |
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