The European Preserved Milk Harmonized Index of Consumer Prices (HICP) showcases different inflation trends across various countries. Germany leads with the highest value of 14.94, while Spain is at the lower spectrum with 9.488. Year-on-year variations between 2023 and 2024 reveal Germany experiencing a relatively high inflation rate of 9.5%, while Lithuania and Belgium show moderate increases. Several countries like Slovakia, Malta, Estonia, Romania, Cyprus, and Albania remain unchanged during 2022, indicating stability or stagnant pricing pressures.
Future trends to watch for in the European Preserved Milk HICP include the impact of global supply chain disruptions, changes in dairy farming practices, and evolving consumer preferences toward more sustainable and alternative preserved milk products. Additionally, economic recovery and inflationary pressures across Europe could further influence HICP variations in the coming years.
- Germany: Highest HICP with a notable increase in inflation.
- Lithuania & Belgium: Moderate inflation increases.
- Countries like Slovakia, Malta, and Estonia showed no variations, indicating stability.
- Future factors: Supply chain disruptions, economic recovery, and consumer preferences.
Top countries in Preserved Milk HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 149.4 | 2022 | +24.5% | +9.5% | View data |
| 2 | 2 Lithuania | 145.72 | 2022 | +27.62% | +6.18% | View data |
| 3 | 3 Belgium | 143.45 | 2022 | +15.29% | +6.3% | View data |
| 4 | 4 Hungary | 140.27 | 2022 | +22.35% | +9.01% | View data |
| 5 | 5 Poland | 134.6 | 2022 | +10.69% | +6.07% | View data |
| 6 | 6 Slovakia | 130.08 | 2022 | +14.71% | View data | |
| 7 | 7 Netherlands | 128.21 | 2022 | +14.49% | +4.07% | View data |
| 8 | 8 Czech Republic | 127.7 | 2022 | +20.59% | +7.99% | View data |
| 9 | 9 Greece | 127.24 | 2022 | +15.27% | +6.86% | View data |
| 10 | 10 Malta | 125.29 | 2022 | +14.37% | View data |
