The European Household Appliances Harmonized Index of Consumer Prices (HICP) in 2024 shows varied inflation rates across countries. Norway, Estonia, and Hungary lead with the highest values, while Greece demonstrates the lowest. Between 2022 and 2023, Norway saw a 3.03% increase, with notable growth in the Netherlands and Iceland. Central and Eastern European countries experienced generally higher inflation rates compared to Western Europe, which exhibited more stability and even slight declines in countries like Portugal and Finland.
Future trends to watch in the European Household Appliances HICP include:
- Monitoring economic recovery and inflation stabilization across Europe.
- The potential impact of energy prices on household appliance costs.
- Technological advancements influencing production costs.
- Variation in consumer demand driven by changing lifestyle and economic conditions.
Top countries in Household Appliances HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 121.1 | 2022 | +1.51% | +3.03% | View data |
| 2 | 2 Estonia | 121.1 | 2022 | +11.9% | +3.59% | View data |
| 3 | 3 Hungary | 120.28 | 2022 | +11.58% | +3.6% | View data |
| 4 | 4 Austria | 119.65 | 2022 | +7.53% | +3.47% | View data |
| 5 | 5 Macedonia | 116.23 | 2022 | +8.34% | +2.61% | View data |
| 6 | 6 Netherlands | 116.08 | 2022 | +8.37% | +3.71% | View data |
| 7 | 7 Romania | 115.53 | 2022 | +4.72% | +2.71% | View data |
| 8 | 8 Serbia | 114.8 | 2022 | +9.54% | +2.19% | View data |
| 9 | 9 Slovakia | 114.66 | 2022 | +6.51% | +2.37% | View data |
| 10 | 10 Bulgaria | 112.47 | 2022 | +9.07% | +2.31% | View data |
