The 2024 European Seasonal Food HICP analysis reveals substantial inflation across several countries, with Albania and Hungary experiencing the highest rates. Over the past two years, countries have shown varied year-on-year inflation rates, ranging from significant increases in Hungary at 11.69% to mild deflation in Switzerland. Over the last five years, the average yearly variations indicate a persistent inflationary trend across Europe, particularly in Eastern and Southeastern countries like Montenegro and Serbia.
Future trends to watch include potential stabilization efforts, the impact of climatic conditions on seasonal food prices, and policy responses to manage inflation. Close monitoring of Eastern European markets will be crucial due to their high HICP rates.
Top countries in Seasonal Food HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Albania | 196.5 | 2022 | +7.39% | View data | |
| 2 | 2 Hungary | 194.14 | 2022 | +18.83% | +11.69% | View data |
| 3 | 3 Estonia | 159.59 | 2022 | +18.95% | +7.57% | View data |
| 4 | 4 Serbia | 159.3 | 2022 | +14.85% | +7.94% | View data |
| 5 | 5 Lithuania | 152.06 | 2022 | +21.22% | +8.12% | View data |
| 6 | 6 Montenegro | 147.86 | 2022 | +20.45% | +10.27% | View data |
| 7 | 7 Romania | 147.43 | 2022 | +15.09% | +7.15% | View data |
| 8 | 8 Poland | 146.3 | 2022 | +10.08% | +6.22% | View data |
| 9 | 9 Bulgaria | 143.82 | 2022 | +17.73% | +6.3% | View data |
| 10 | 10 Slovenia | 140.41 | 2022 | +11.97% | +5% | View data |
