The Global Transport Harmonized Index of Consumer Prices (HICP) shows varying inflation rates across countries, with Hungary at the highest value of 11.677 and Iceland at the lowest of 9.372 in 2024. Year-on-year changes reveal significant growth in Hungary (3.78%), Sweden (2.97%), and the United States (3.37%). The average annual change over the last five years indicates a moderate inflation trend across the globe, with some countries experiencing higher increments than others.
Future trends to watch for in the Global Transport HICP include:
- Technological advancements in transport can drive efficiency and influence pricing patterns.
- Environmental policies may impact operational costs and subsequently, consumer prices.
- Fluctuating fuel costs and geopolitical factors can lead to volatility in transport costs.
- Ongoing shifts in global supply chains could lead to regional variations in transport inflation.
Top countries in Transport HICP by Country
| # | 10 Countries | Indexes 2010 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 116.77 | 2021 | +12.06% | +3.78% | View data |
| 2 | 2 Sweden | 116.45 | 2021 | +5.73% | +2.97% | View data |
| 3 | 3 Norway | 116.2 | 2021 | +2.11% | +2.54% | View data |
| 4 | 4 Belgium | 114.74 | 2021 | +5.54% | +2.77% | View data |
| 5 | 5 Czech Republic | 114.1 | 2021 | +8.87% | +3.05% | View data |
| 6 | 6 United States | 113.79 | 2021 | +16.01% | +3.37% | View data |
| 7 | 7 Germany | 113.7 | 2021 | +8.6% | +2.77% | View data |
| 8 | 8 Lithuania | 113.25 | 2021 | +9.45% | +3.33% | View data |
| 9 | 9 Netherlands | 113.06 | 2021 | +5.62% | +2.7% | View data |
| 10 | 10 Slovakia | 110.86 | 2021 | +8.93% | +2.59% | View data |
