The European Babies Items HICP showed noticeable variation by country in 2024. Slovakia leads with the highest value at 13.023, closely followed by Lithuania at 12.01. Countries like Macedonia, Romania, Hungary, Slovenia, and the Czech Republic hover around the 11 to 12 mark, while more stable economies like Germany, France, and Italy exhibit relatively lower values between 9 and 10. The forecast shows that certain countries have experienced significant year-on-year percentage changes; for instance, Hungary saw an increase of 4.87% in 2022, whereas Italy and Portugal witnessed a decline.
Key points:
- Slovakia and Lithuania top the list of HICP for baby items.
- Several Eastern European countries displayed significant increases, indicating a rising cost trend.
- Western European countries like Germany, France, and Italy have lower index values, suggesting a more stable pricing environment for baby products.
- Year-on-year changes highlight disparities: Eastern European countries show higher increases than their Western counterparts.
Future trends to watch include the potential for continued growth in HICP in Eastern Europe, driven by economic and currency fluctuations. Western Europe may witness gradual stabilization with moderate increases or decreases influenced by policy adjustments and market saturation. Emerging markets may see heightened variability as economic conditions continue to evolve.
Top countries in Babies Items HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovakia | 130.23 | 2022 | +7.63% | View data | |
| 2 | 2 Lithuania | 120.1 | 2022 | +8.65% | +3.49% | View data |
| 3 | 3 Macedonia | 116.86 | 2022 | +4.13% | +1.04% | View data |
| 4 | 4 Romania | 114.17 | 2022 | +5.17% | View data | |
| 5 | 5 Hungary | 113.5 | 2022 | +11.89% | +4.87% | View data |
| 6 | 6 Slovenia | 112.45 | 2022 | +6.48% | +1.67% | View data |
| 7 | 7 Czech Republic | 112 | 2022 | +12.9% | +6.55% | View data |
| 8 | 8 Poland | 111.9 | 2022 | +5.37% | +3.14% | View data |
| 9 | 9 Belgium | 109.88 | 2022 | +4.9% | +1.38% | View data |
| 10 | 10 Croatia | 109.54 | 2022 | +7.97% | View data |