In 2023, Hungary leads with a 22% increase in the Harmonized Index of Consumer Prices (HICP) for garden products, followed by Finland (18.3%), Slovakia (17.5%), and the Czech Republic (15.5%). On the lower end, Denmark sees a decrease of 3%, while Spain (1%) and Montenegro (1.6%) show minimal increases. Generally, Central and Eastern European countries exhibit higher HICP, reflecting stronger inflationary pressures in garden product prices, while some Western European countries like Greece (1.8%) and Spain (1%) maintain more stable prices.
Future trends to watch for European Garden Products HICP include potential impacts of climate change on agricultural outputs, ongoing supply chain disruptions, and evolving consumer preferences towards sustainable and environmentally friendly garden products. Inflationary pressures may persist in Central and Eastern Europe, while Western Europe may experience more price stability.
Top countries in Garden Products HICP by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Hungary | 22 | 2022 | View data |
| 2 | 2 Finland | 18.3 | 2022 | View data |
| 3 | 3 Slovakia | 17.5 | 2022 | View data |
| 4 | 4 Czech Republic | 15.5 | 2022 | View data |
| 5 | 5 Latvia | 15.1 | 2022 | View data |
| 6 | 6 Poland | 13.8 | 2022 | View data |
| 7 | 7 Serbia | 13 | 2022 | View data |
| 8 | 8 Bulgaria | 12.9 | 2022 | View data |
| 9 | 9 Sweden | 12.2 | 2022 | View data |
| 10 | 10 Cyprus | 12.1 | 2022 | View data |
