The European Lubricants HICP data highlights significant variability across countries. Slovakia, Lithuania, and Montenegro experienced the highest increases with values of 17.4%, 15.8%, and 14.6%, respectively. In contrast, Spain and the Czech Republic showed minimal inflationary pressures. The data suggests a general upward trend in lubricant prices in Eastern European countries, while Western Europe sees more stable or modest increases. The Consumer Price Index's change is indicative of broader regional economic factors, energy costs, and market dynamics.
Future trends to monitor include potential impacts of geopolitical tensions, fluctuating energy prices, and emerging environmental regulations, which could further affect lubricant prices and demand across Europe.
Top countries in Lubricants HICP by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Slovakia | 17.4 | 2022 | View data |
| 2 | 2 Lithuania | 15.8 | 2022 | View data |
| 3 | 3 Montenegro | 14.6 | 2022 | View data |
| 4 | 4 Hungary | 12.5 | 2022 | View data |
| 5 | 5 Croatia | 12.4 | 2022 | View data |
| 6 | 6 Kosovo | 11.3 | 2022 | View data |
| 7 | 7 Bulgaria | 11.1 | 2022 | View data |
| 8 | 8 Macedonia | 11.1 | 2022 | View data |
| 9 | 9 Cyprus | 11 | 2022 | View data |
| 10 | 10 Slovenia | 10.6 | 2022 | View data |
