The European Tea HICP in 2024 reflects varied inflation rates across countries, with Serbia, Hungary, and Estonia experiencing the highest indices. Significant year-on-year increases were noted in Hungary, Macedonia, Bulgaria, and Latvia. Over the last two years, fluctuations were seen with some negative trends in Switzerland, Denmark, and Iceland. The data showcases a broad spectrum of inflation, hinting at different economic conditions and market dynamics.
Future trends to watch include further inflation increases in regions recovering from economic instabilities, the potential stabilization in countries with consistent inflation like Serbia, and responses to global economic pressures impacting tea price indices.
Top countries in Tea HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Serbia | 150.1 | 2022 | +20.95% | View data | |
| 2 | 2 Hungary | 149.5 | 2022 | +20.84% | +10.39% | View data |
| 3 | 3 Estonia | 134.84 | 2022 | +13.28% | View data | |
| 4 | 4 Macedonia | 131.68 | 2022 | +14.31% | +6.87% | View data |
| 5 | 5 Bulgaria | 131.46 | 2022 | +13.65% | +4.8% | View data |
| 6 | 6 Lithuania | 129.44 | 2022 | +14.96% | +3.34% | View data |
| 7 | 7 Malta | 127.14 | 2022 | +5.12% | View data | |
| 8 | 8 Kosovo | 126.79 | 2022 | +8.15% | View data | |
| 9 | 9 Croatia | 125.28 | 2022 | +7.8% | View data | |
| 10 | 10 Latvia | 122.65 | 2022 | +9.04% | +4.55% | View data |
