The European Fresh or Chilled Vegetables Harmonized Index of Consumer Prices (HICP) presents notable disparities across countries. As of 2024, Lithuania registers the highest change at 29.3%, reflecting significant inflation in vegetable prices. Following are Montenegro, Slovakia, Bulgaria, and Estonia, with changes above 21%, indicating substantial price increases. Western European countries like Switzerland, Ireland, and Iceland demonstrate minimal or negative price changes, with Switzerland at -1.1%, highlighting deflation. These disparities suggest varying inflation pressures influenced by regional production costs, supply chain dynamics, and local economic conditions.
Future trends to watch include:
- Continued volatility due to climate change impacting agricultural yields.
- The influence of geopolitical factors on supply chain stability.
- Potential shifts towards sustainable farming practices affecting pricing structures.
- Economic recovery post-pandemic influencing consumer purchasing power and demand.
Top countries in Fresh or Chilled Vegetables HICP by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Lithuania | 29.3 | 2022 | View data |
| 2 | 2 Montenegro | 22.7 | 2022 | View data |
| 3 | 3 Slovakia | 22 | 2022 | View data |
| 4 | 4 Bulgaria | 21.8 | 2022 | View data |
| 5 | 5 Estonia | 21.8 | 2022 | View data |
| 6 | 6 Hungary | 21.2 | 2022 | View data |
| 7 | 7 Romania | 18.5 | 2022 | View data |
| 8 | 8 Cyprus | 16.7 | 2022 | View data |
| 9 | 9 Macedonia | 16.2 | 2022 | View data |
| 10 | 10 Latvia | 15.5 | 2022 | View data |
