The Highest Inflation of Consumer Prices (HICP) for jams, marmalades, and honey in 2024 are observed in Hungary, Slovakia, and Bulgaria, with values standing at 26%, 23.6%, and 23%, respectively. Countries like Greece, Sweden, and Cyprus showed the lowest increases, ranging from 2.4% to 3%. This reflects ongoing inflationary pressures in Eastern European countries, whereas Western Europe remains relatively stable. The data indicates a year-on-year percentage increase in consumer prices, highlighting notable differences across the continent.
Looking ahead, the HICP for jams, marmalades, and honey is expected to stabilize in Western Europe due to strong economic fundamentals. However, Eastern European nations might continue experiencing volatility due to external economic pressures and currency fluctuations. Monitoring input costs, particularly for fruit and sugar, will be vital, as they are key driving factors for product pricing in this category.
Top countries in Jams, Marmalades and Honey HICP by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Hungary | 26 | 2022 | View data |
| 2 | 2 Slovakia | 23.6 | 2022 | View data |
| 3 | 3 Bulgaria | 23 | 2022 | View data |
| 4 | 4 Estonia | 17.6 | 2022 | View data |
| 5 | 5 Latvia | 17.1 | 2022 | View data |
| 6 | 6 Montenegro | 15.4 | 2022 | View data |
| 7 | 7 Lithuania | 15.1 | 2022 | View data |
| 8 | 8 Croatia | 15 | 2022 | View data |
| 9 | 9 Denmark | 14.1 | 2022 | View data |
| 10 | 10 Netherlands | 13.4 | 2022 | View data |
