The European Accommodation Services HICP shows significant variability across countries. Macedonia leads with a notable increase in 2023, while Montenegro and Ireland follow. Countries like Iceland and Cyprus show minimal or negative growth. The data reflects varied recovery and growth trends, influenced by economic conditions and policy responses.
Looking ahead, several key trends may impact future HICP variations in Europe. The potential for increased travel and tourism could boost rates in countries with strong tourist economies. Meanwhile, economic uncertainties and inflationary pressures may slow growth in others. Monitoring policy changes and consumer behavior will be crucial for understanding future HICP movements.
Top countries in Accommodation Services HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Macedonia | 231.06 | 2022 | +21.89% | +15.16% | View data |
| 2 | 2 Montenegro | 145.11 | 2022 | +17.93% | +5.84% | View data |
| 3 | 3 Ireland | 144.7 | 2022 | +17.83% | +4.7% | View data |
| 4 | 4 Portugal | 143.78 | 2022 | +30.53% | +4.26% | View data |
| 5 | 5 Netherlands | 141.97 | 2022 | +12.42% | +4.44% | View data |
| 6 | 6 Hungary | 139.86 | 2022 | +10.05% | +5.64% | View data |
| 7 | 7 Austria | 135.67 | 2022 | +11.25% | +5.01% | View data |
| 8 | 8 Finland | 134.85 | 2022 | +14.36% | +3.6% | View data |
| 9 | 9 Czech Republic | 132 | 2022 | +18.71% | +5.17% | View data |
| 10 | 10 Poland | 132 | 2022 | +15.79% | +4.94% | View data |
