The Global Clothing and Footwear Harmonized Index of Consumer Prices (HICP) reveals notable differences across countries. In 2024, Czech Republic leads with an 11.1% increase, followed by Estonia at 10.3%. Hungary, Netherlands, and Greece display moderate rises of 8.5%, 7.3%, and 6.7% respectively. Countries like Portugal and Spain exhibit minimal changes, with values approaching zero.
Future trends to watch include the impact of shifting global supply chains, consumer demand changes due to economic adjustments, and sustainability initiatives influencing costs and pricing in clothing and footwear sectors.
Top countries in Clothing and Footwear HICP by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Czech Republic | 11.1 | 2023 | View data |
| 2 | 2 Estonia | 10.3 | 2023 | View data |
| 3 | 3 Hungary | 8.5 | 2023 | View data |
| 4 | 4 Netherlands | 7.3 | 2023 | View data |
| 5 | 5 Greece | 6.7 | 2023 | View data |
| 6 | 6 Slovakia | 6.7 | 2023 | View data |
| 7 | 7 Belgium | 6 | 2023 | View data |
| 8 | 8 Luxembourg | 5.5 | 2023 | View data |
| 9 | 9 Austria | 5 | 2023 | View data |
| 10 | 10 Slovenia | 4.7 | 2023 | View data |
