The European Services for Maintenance and Repair of Dwelling HICP showed significant variation across countries. In 2024, Lithuania leads with a notably high index value, followed by Hungary and Poland. Countries like Switzerland and Greece remain at the lower end. Recent year-on-year changes reveal Lithuania and Hungary with the largest increases, consistent with their leading positions. While countries such as Albania and Kosovo saw stagnation, Greece had minimal growth. The five-year CAGR suggests a broader upward trend across most European nations, reflecting post-pandemic recovery and inflationary pressures.
Looking forward, countries should monitor inflation, labor market shifts, and material costs as they are likely to influence the HICP for maintenance and repair of dwellings. Energy transition initiatives and housing policies could also impact these services’ demand and costs, further contributing to divergences in country-specific growth rates.
Top countries in Services for Maintenance and Repair of Dwelling HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 195.12 | 2022 | +23% | +10.73% | View data |
| 2 | 2 Hungary | 193.61 | 2022 | +20.7% | +12.34% | View data |
| 3 | 3 Poland | 170 | 2022 | +20.91% | +10.03% | View data |
| 4 | 4 Czech Republic | 166.6 | 2022 | +20.64% | +9.3% | View data |
| 5 | 5 Slovakia | 163.05 | 2022 | +21.99% | +8.94% | View data |
| 6 | 6 Iceland | 144.05 | 2022 | +4.26% | +4.01% | View data |
| 7 | 7 Estonia | 140.71 | 2022 | +17.07% | +5.95% | View data |
| 8 | 8 Germany | 139.9 | 2022 | +13.19% | +5.73% | View data |
| 9 | 9 Cyprus | 137.97 | 2022 | +16.92% | +6.02% | View data |
| 10 | 10 Bulgaria | 137.48 | 2022 | +18.06% | +6.29% | View data |