The HICP for European food, including alcohol and tobacco, varies significantly across countries. In 2024, Hungary registers the highest inflation with 22.1%, followed by Lithuania and Montenegro. Scandinavian countries like Norway and Switzerland show the lowest increases at 5.8% and 1.6% respectively. The general trend indicates higher price increases in Eastern European countries, while Western and Northern Europe have milder inflation figures.
Future trends to watch include the impact of geopolitical tensions, which could disrupt supply chains affecting prices. Additionally, climate change and energy costs might further influence regional disparities in inflation rates across the continent.
Top countries in Food Including Alcohol and Tobacco HICP by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Hungary | 22.1 | 2022 | View data |
| 2 | 2 Lithuania | 21.8 | 2022 | View data |
| 3 | 3 Montenegro | 19.4 | 2022 | View data |
| 4 | 4 Latvia | 17.8 | 2022 | View data |
| 5 | 5 Macedonia | 17.8 | 2022 | View data |
| 6 | 6 Bulgaria | 17.7 | 2022 | View data |
| 7 | 7 Estonia | 16.8 | 2022 | View data |
| 8 | 8 Serbia | 16.4 | 2022 | View data |
| 9 | 9 Slovakia | 16.1 | 2022 | View data |
| 10 | 10 Kosovo | 14.7 | 2022 | View data |
