The analysis of European Catering Services HICP by country in 2024 indicates that 2023 saw high inflation rates largely concentrated in Eastern Europe, with Lithuania leading at 16.731. Central and Eastern European countries such as Hungary, Czech Republic, and Poland also exhibit significant inflationary pressures, each over 14.0. Western and Nordic countries are relatively stable, with Switzerland being the least affected. For 2022, variations show high year-on-year increases in Eastern Europe, prominently in Hungary and Lithuania, whereas Western countries like France and Switzerland experienced more modest rises.
Future trends to watch include potential stabilization or decline in inflation across Eastern Europe as mitigation policies take effect, and continued monitoring of Western European economies where inflation impacts are less severe but cumulative pressure might influence hospitality costs as consumer demand recalibrates in a post-pandemic economic landscape.
Top countries in Catering Services HICP by Country
# | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Lithuania | 167.31 | 2022 | +15.83% | +7.82% | View data |
2 | 2 Hungary | 160.03 | 2022 | +19.74% | +8.5% | View data |
3 | 3 Czech Republic | 157.6 | 2022 | +21.42% | +7.73% | View data |
4 | 4 Poland | 149.5 | 2022 | +16.34% | +7.65% | View data |
5 | 5 Bulgaria | 146.77 | 2022 | +17.9% | +7.07% | View data |
6 | 6 Slovakia | 142.92 | 2022 | +16.79% | +6.43% | View data |
7 | 7 Estonia | 139.92 | 2022 | +12.12% | +5.08% | View data |
8 | 8 Croatia | 134.28 | 2022 | +13.22% | +4.72% | View data |
9 | 9 Latvia | 133.24 | 2022 | +12.39% | +4.98% | View data |
10 | 10 Iceland | 131.65 | 2022 | +7.18% | +3.67% | View data |