The European Jewellery, Clocks, and Watches Harmonized Index of Consumer Prices (HICP) displays notable variations across countries, with Hungary leading (15.929) and Ireland showing a significant decline (-7.04% in 2022). Countries like Hungary, Bulgaria, and Croatia exhibit notable year-on-year increases, indicating rising consumer prices in these markets. However, regions such as Ireland, Finland, and Switzerland show minimal increases or even declines, suggesting more stable or decreasing prices. Future trends to watch include potential stabilization or continued inflation, influenced by economic conditions and consumer demand in each country.
Future Trends to Watch:
- Inflationary pressures in Eastern Europe, especially in Hungary, Bulgaria, and Croatia.
- Possible stabilization in Western European countries like Germany and France.
- Potential declines in markets with recent negative trends, such as Ireland.
- Impact of economic policies and consumer behavior on the HICP values across Europe.
Top countries in Jewellery, Clocks and Watches HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 159.29 | 2022 | +14.7% | +9.32% | View data |
| 2 | 2 Bulgaria | 147.87 | 2022 | +12.16% | +7.32% | View data |
| 3 | 3 Croatia | 144.21 | 2022 | +11.83% | +6.87% | View data |
| 4 | 4 Czech Republic | 142.8 | 2022 | +13.15% | +6.4% | View data |
| 5 | 5 Slovakia | 140.83 | 2022 | +10.57% | +5.81% | View data |
| 6 | 6 Poland | 139.8 | 2022 | +11.57% | +6.09% | View data |
| 7 | 7 Sweden | 136.42 | 2022 | +2.8% | +5.34% | View data |
| 8 | 8 Austria | 134.43 | 2022 | +6.36% | +4.36% | View data |
| 9 | 9 Luxembourg | 133.76 | 2022 | +7.04% | +5.24% | View data |
| 10 | 10 Estonia | 133.53 | 2022 | +9.05% | +4.81% | View data |
