The European Deflated Turnover Index of Food, Beverages, and Tobacco Retail shows notable variations among countries for the year 2022. Slovakia leads with significant growth, followed closely by Montenegro and Romania, indicating strong demand or inflation adjustments. Central and Eastern European countries generally demonstrate higher year-on-year growth compared to Western European countries, which exhibit modest increases or slight declines. Czech Republic, Spain, Norway, Italy, and Belgium show negative or stagnant year-on-year growth, suggesting market contractions or challenges. Over the last five years, Slovakia, Montenegro, and Romania have maintained robust average annual growth rates, indicating a consistent uptrend.
Future trends to watch:
- Potential for growth in emerging markets in Eastern Europe.
- Impact of inflationary pressures on consumer purchasing power in Western Europe.
- Policy changes affecting the retail environment, especially in the context of economic recovery post-pandemic.
- Technological advancements in retail potentially enhancing efficiency and customer experience.
Top countries in Deflated Turnover Index of Food, Beverages and Tobacco Retail by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovakia | 171.3 | 2022 | +51.33% | +9.58% | View data |
| 2 | 2 Montenegro | 155.2 | 2022 | +2.65% | +9.34% | View data |
| 3 | 3 Romania | 153 | 2022 | +1.39% | +4.79% | View data |
| 4 | 4 Bosnia and Herzegovina | 144.2 | 2022 | +5.87% | +5.62% | View data |
| 5 | 5 Serbia | 142.8 | 2022 | +2.22% | +4.9% | View data |
| 6 | 6 Malta | 138 | 2022 | +9.96% | +5.52% | View data |
| 7 | 7 Cyprus | 129.1 | 2022 | +0.23% | +3.4% | View data |
| 8 | 8 Macedonia | 128.7 | 2022 | -5.65% | +1.8% | View data |
| 9 | 9 Albania | 127.4 | 2022 | +4.77% | +2.7% | View data |
| 10 | 10 Ireland | 126.1 | 2022 | -6.04% | +2.06% | View data |
