The European Olive Oil Harmonised Index of Consumer Prices (HICP) shows significant variances by country, with Spain leading at 26.1%. Kosovo and Hungary follow with values above 20%, indicating higher inflationary pressures. The mid-range includes traditional olive oil producers like Greece and Portugal, with comparatively moderate increases. Northern and Eastern European nations experience lower changes, with Iceland and Poland reporting values below 5%.
Future trends to watch include potential shifts in consumer demand and pricing strategies due to changing economic conditions and crop yields influenced by climate change. Monitoring these factors can help anticipate adjustments in the Olive Oil HICP across Europe.
Top countries in Olive Oil HICP by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Spain | 26.1 | 2022 | View data |
| 2 | 2 Kosovo | 24.5 | 2022 | View data |
| 3 | 3 Hungary | 22.2 | 2022 | View data |
| 4 | 4 Greece | 20.1 | 2022 | View data |
| 5 | 5 Macedonia | 19.3 | 2022 | View data |
| 6 | 6 Netherlands | 18.8 | 2022 | View data |
| 7 | 7 Latvia | 16.2 | 2022 | View data |
| 8 | 8 Belgium | 15.7 | 2022 | View data |
| 9 | 9 Norway | 15 | 2022 | View data |
| 10 | 10 Portugal | 14.6 | 2022 | View data |
