In 2024, the European Tools and Equipment for House and Garden showed significant variations in HICP across countries. Hungary led with a high of 13.2%, closely followed by Poland and Estonia at 12.9% and 11.9%, respectively. Other Eastern European countries like Lithuania and Kosovo recorded double-digit changes, indicating robust demand or inflation pressures. Scandinavian nations, such as Norway, Sweden, and Finland, as well as Western countries like Germany and France, experienced modest increases around the mid-single digits. Southern Europe, including Spain, Italy, and Portugal, noted lower HICP values, suggesting relatively stable pricing environments.
Future trends to watch:
- Potential inflationary pressures may emerge across Eastern Europe, sustained by local economic factors.
- Western European nations might continue experiencing stability or slight increases in HICP due to mature markets and stable supply chains.
- Macroeconomic policies and global economic conditions will likely influence future HICP movements across Europe.
Top countries in Tools and Equipment for House and Garden HICP by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Hungary | 13.2 | 2022 | View data |
| 2 | 2 Poland | 12.9 | 2022 | View data |
| 3 | 3 Estonia | 11.9 | 2022 | View data |
| 4 | 4 Lithuania | 10.8 | 2022 | View data |
| 5 | 5 Kosovo | 9.7 | 2022 | View data |
| 6 | 6 Czech Republic | 9.1 | 2022 | View data |
| 7 | 7 Montenegro | 8.4 | 2022 | View data |
| 8 | 8 Bulgaria | 7.6 | 2022 | View data |
| 9 | 9 Serbia | 7.1 | 2022 | View data |
| 10 | 10 Romania | 6.8 | 2022 | View data |
