The European Non-Electrical Appliances Harmonized Index of Consumer Prices (HICP) shows significant divergence among countries. Hungary leads with a 12.8% increase, followed closely by Lithuania at 12.7%, indicating robust price growth. Conversely, Luxembourg exhibits a notable decrease of 6.3%, indicating deflationary trends. Central and Eastern European countries tend to have higher increases, whereas Western European nations like France and Switzerland experience minimal changes, even dipping into negative territory.
Future trends to watch include:
- The impact of sustainable manufacturing shifts on pricing dynamics.
- Potential economic reforms in high-ranking inflation countries to stabilize prices.
- The influence of global market changes and supply chain adjustments on cost structures.
Top countries in Non-Electrical Appliances HICP by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Hungary | 12.8 | 2022 | View data |
| 2 | 2 Lithuania | 12.7 | 2022 | View data |
| 3 | 3 Croatia | 10 | 2022 | View data |
| 4 | 4 Estonia | 9.1 | 2022 | View data |
| 5 | 5 Latvia | 8.9 | 2022 | View data |
| 6 | 6 Bulgaria | 8 | 2022 | View data |
| 7 | 7 Poland | 7.5 | 2022 | View data |
| 8 | 8 Albania | 6.9 | 2022 | View data |
| 9 | 9 Serbia | 6.5 | 2022 | View data |
| 10 | 10 Romania | 6.1 | 2022 | View data |
