The European Furniture and Furnishings Harmonized Index of Consumer Prices (HICP) data for 2024 reveals significant variation across countries. Hungary leads with an 18.3% year-on-year change, indicating high price increases, followed by Sweden and Estonia. Meanwhile, Western European countries like Belgium, Finland, and Ireland show much lower changes, reflecting stable pricing. The variation highlights the diverse economic conditions affecting furniture pricing within Europe.
Looking ahead, keep an eye on:
- Potential disparities in inflation rates across countries due to economic recovery and supply chain adjustments.
- Impact of environmental regulations on production and pricing.
- Consumer demand shifts toward sustainable and ergonomic furniture trends.
Top countries in Furniture and Furnishings HICP by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Hungary | 18.3 | 2022 | View data |
| 2 | 2 Sweden | 16.2 | 2022 | View data |
| 3 | 3 Estonia | 16 | 2022 | View data |
| 4 | 4 Portugal | 15.5 | 2022 | View data |
| 5 | 5 Bulgaria | 15.3 | 2022 | View data |
| 6 | 6 Czech Republic | 13.6 | 2022 | View data |
| 7 | 7 Poland | 12.9 | 2022 | View data |
| 8 | 8 Serbia | 12.8 | 2022 | View data |
| 9 | 9 Slovenia | 12.2 | 2022 | View data |
| 10 | 10 Latvia | 11.8 | 2022 | View data |
