In 2024, Lithuania, Czech Republic, and Hungary lead in the HICP for restaurants, cafes, and dancing establishments, signifying significant price increases since 2015. Past data shows strong year-on-year variations, notably in the Czech Republic and Poland, with moderate increases in Germany and France. The sector's five-year CAGR suggests Lithuania and the Czech Republic experienced consistent price hikes, contrasting with more stable markets such as Greece and Switzerland.
Future trends to watch include:
- Potential inflationary pressures could lead to further price escalations, particularly in Central and Eastern Europe.
- The impact of economic factors and tourism will likely influence HICP values across Europe.
- Currency fluctuations and energy costs could play crucial roles in shaping future prices.
Top countries in Restaurants, Cafes and Dancing Establishments HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 165.91 | 2022 | +14.82% | +7.29% | View data |
| 2 | 2 Czech Republic | 164.2 | 2022 | +24.3% | +11.05% | View data |
| 3 | 3 Hungary | 154.4 | 2022 | +17.28% | +9.19% | View data |
| 4 | 4 Slovakia | 143.6 | 2022 | +12.5% | View data | |
| 5 | 5 Bulgaria | 141.34 | 2022 | +14.34% | +6.05% | View data |
| 6 | 6 Poland | 140.5 | 2022 | +14.32% | +8.27% | View data |
| 7 | 7 Estonia | 139.88 | 2022 | +11.35% | View data | |
| 8 | 8 Croatia | 135.06 | 2022 | +13.06% | View data | |
| 9 | 9 Latvia | 133.2 | 2022 | +12.3% | +5.59% | View data |
| 10 | 10 Austria | 131.29 | 2022 | +8.64% | +4.34% | View data |
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