The European Employment Services Producer Price Index indicates varying inflation rates across countries, with the Czech Republic leading at 15.95 in 2024. Romania follows closely, reflecting substantial growth at 14.65. Ireland, Slovenia, and Lithuania also demonstrate significant values over 13. In contrast, countries like Slovakia and Greece maintain more moderate indices under 10. The year-on-year variations suggest continued growth in the Czech Republic and Ireland, while countries like Slovakia and Sweden show minimal or negative growth. Over the past five years, the CAGR suggests a progressive increase in employment service costs across Europe.
Future trends to watch include how economic policies and labor market dynamics will influence the Producer Price Index. Particular attention should be given to countries with high growth rates, analyzing factors driving these trends and evaluating potential economic impacts, such as changes in labor supply and demand or adjustments in policy frameworks focused on employment services.
Top countries in Employment Services Producer Price Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Czech Republic | 159.5 | 2022 | +15.16% | +9.14% | View data |
| 2 | 2 Romania | 146.5 | 2022 | +5.4% | +4.74% | View data |
| 3 | 3 Ireland | 145.1 | 2022 | +6.93% | +7.2% | View data |
| 4 | 4 Slovenia | 139.4 | 2022 | -0.14% | +6.66% | View data |
| 5 | 5 Lithuania | 138.7 | 2022 | +8.27% | +4.98% | View data |
| 6 | 6 Netherlands | 135.8 | 2022 | +7.52% | +5.46% | View data |
| 7 | 7 Hungary | 134.9 | 2022 | +9.85% | +4.72% | View data |
| 8 | 8 Poland | 131.5 | 2022 | +9.31% | +4.58% | View data |
| 9 | 9 Norway | 130.3 | 2022 | +5.34% | +4.08% | View data |
| 10 | 10 Luxembourg | 126.4 | 2022 | +5.51% | +4.18% | View data |
