The European Yoghurt HICP data reveals notable variation across countries. Lithuania leads with an HICP of 17.468, followed by Hungary at 16.562, and Iceland at 15.192. Meanwhile, Portugal ranks lowest at 9.619, just above Cyprus at 9.637. Between 2022 and 2023, several countries showed significant year-on-year variation, including Hungary at 13.61%, Latvia at 10.25%, and Lithuania at 7.64%. Conversely, many countries such as Iceland, Malta, Croatia, and Romania saw no variation. Over the last five years, trends suggest a general increase in yoghurt prices with pronounced annual growth rates in specific regions like Hungary and Latvia.
Looking ahead, the projection for 2024 indicates modest growth in yoghurt HICP across Europe. Poland, Germany, and the Netherlands are anticipated to show steady increases, while Baltic states like Lithuania and Latvia might continue to lead in inflation rates. Market analysts should monitor factors such as dairy supply chain disruptions, changes in consumer demand, and economic policies, which could significantly impact future yoghurt prices in different parts of Europe.
Top countries in Yoghurt HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 174.68 | 2022 | +36.01% | +7.64% | View data |
| 2 | 2 Hungary | 165.62 | 2022 | +34.94% | +13.61% | View data |
| 3 | 3 Iceland | 151.92 | 2022 | +10.58% | View data | |
| 4 | 4 Bulgaria | 148.91 | 2022 | +24.3% | +7.64% | View data |
| 5 | 5 Malta | 145.55 | 2022 | +18.15% | View data | |
| 6 | 6 Latvia | 144.06 | 2022 | +23.03% | +10.25% | View data |
| 7 | 7 Poland | 140.4 | 2022 | +13.32% | +6.6% | View data |
| 8 | 8 Croatia | 134.19 | 2022 | +22.67% | View data | |
| 9 | 9 Romania | 130.53 | 2022 | +16.47% | View data | |
| 10 | 10 Estonia | 129.19 | 2022 | +14.71% | View data |
