The 2024 forecast indicates that Hungary leads with the highest change in the Food and Soft Drinks HICP, at 23.8%, followed by Slovakia, Poland, and Estonia with double-digit increases. Most countries on the list show noticeable inflation in these categories, suggesting a widespread upward trend from the previous periods. For instance, the United States and Switzerland have relatively moderated changes, reflecting better control over price hikes.
Looking ahead, potential drivers include global supply chain adjustments post-pandemic, evolving consumer preferences towards health-oriented choices, and the impact of geopolitical tensions on raw material costs. Monitoring these factors will be crucial for future market predictions.
Top countries in Food and Soft Drinks HICP by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Hungary | 23.8 | 2023 | View data |
| 2 | 2 Slovakia | 17.3 | 2023 | View data |
| 3 | 3 Poland | 15.9 | 2023 | View data |
| 4 | 4 Estonia | 15.6 | 2023 | View data |
| 5 | 5 Lithuania | 14.6 | 2023 | View data |
| 6 | 6 Belgium | 13.8 | 2023 | View data |
| 7 | 7 Latvia | 13.3 | 2023 | View data |
| 8 | 8 Sweden | 12.7 | 2023 | View data |
| 9 | 9 Germany | 12.7 | 2023 | View data |
| 10 | 10 Slovenia | 12.5 | 2023 | View data |
