The European Small Electric Household Appliances HICP shows a notable variation across countries. In 2023, Norway leads with the highest index value at 12.04, closely followed by Estonia and Macedonia. Countries like Ireland, Greece, and Switzerland have the lowest index values, indicating more stable or lower cost changes over recent years. Notable trends include positive growth in Hungary and Macedonia, while Italy, Slovenia, Denmark, and Greece showed slight decreases in the index, suggesting a cooling in price growth or demand. The varying rates of change across Europe reflect differing economic conditions, consumer preferences, and market dynamics.
Future trends to watch for in the European Small Electric Household Appliances HICP include:
- Economic factors such as inflation rates and exchange rates impacting pricing and demand.
- Technological advancements leading to price variances as newer models are introduced.
- Consumer behavior trends shifting towards energy-efficient or smart appliances.
- Regulatory changes affecting manufacturing costs and product availability.
- Supply chain disruptions which may cause regional price differences and affect the overall index.
Top countries in Small Electric Household Appliances HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 120.4 | 2022 | -0.41% | View data | |
| 2 | 2 Estonia | 120.3 | 2022 | +8.47% | View data | |
| 3 | 3 Macedonia | 118.29 | 2022 | +6.11% | +2.73% | View data |
| 4 | 4 Malta | 118.12 | 2022 | +4.76% | View data | |
| 5 | 5 Netherlands | 115.11 | 2022 | +8.22% | +2.36% | View data |
| 6 | 6 Romania | 112.39 | 2022 | +3.67% | View data | |
| 7 | 7 Croatia | 110.29 | 2022 | +7.94% | View data | |
| 8 | 8 Hungary | 108.55 | 2022 | +8.82% | +3.31% | View data |
| 9 | 9 Austria | 108.51 | 2022 | +6.8% | +1.98% | View data |
| 10 | 10 Serbia | 108.4 | 2022 | +5.55% | View data |
