The European Bread Harmonized Index of Consumer Prices (HICP) reveals significant disparities among countries as of 2024. Hungary leads with the highest current value, while Switzerland holds the lowest. Over the last two years, the most substantial year-on-year growth was observed in Hungary and Bulgaria, whereas Western European countries showed milder increases. The Compound Annual Growth Rate (CAGR) over the past five years indicates diverging inflation patterns, with Eastern European countries experiencing more pronounced rises than their Western counterparts.
Future trends to watch in the European Bread HICP by country include:
- The impact of rising energy costs and agricultural inputs on bread prices.
- Potential policy changes in the EU regarding subsidies and support for grain production.
- The effect of climate change on agricultural yields sustaining bread supply.
- Shifts in consumer preferences toward alternative bread types affecting traditional bread demand.
Top countries in Bread HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 211.82 | 2022 | +53.25% | +20.71% | View data |
| 2 | 2 Bulgaria | 179.59 | 2022 | +27.16% | +12.42% | View data |
| 3 | 3 Poland | 173 | 2022 | +25.45% | +13.44% | View data |
| 4 | 4 Kosovo | 164.39 | 2022 | +28.15% | View data | |
| 5 | 5 Macedonia | 155.98 | 2022 | +44.21% | +14.71% | View data |
| 6 | 6 Slovakia | 155.48 | 2022 | +27.16% | View data | |
| 7 | 7 Romania | 149.32 | 2022 | +21.94% | View data | |
| 8 | 8 Montenegro | 147.32 | 2022 | +38.5% | +12.42% | View data |
| 9 | 9 Estonia | 146.75 | 2022 | +26.12% | View data | |
| 10 | 10 Czech Republic | 144.5 | 2022 | +26.2% | +9.12% | View data |
