The 2024 European Sauces and Condiments Harmonized Index of Consumer Prices (HICP) indicates the highest values in Hungary, Lithuania, and Bulgaria, suggesting substantial inflation pressure in these markets relative to the baseline 2015 data. Year-on-year, Hungary experienced a significant surge with a 13.46% increase, while Lithuania and Bulgaria also reported considerable rises, marking one of the fastest growth rates in the continent. Countries like Serbia, Malta, and Estonia reported stagnation over the year. Over five years, these price levels have steadily escalated, with notable variations largely tapering-off towards Western Europe.
Future trends to watch include the stabilization of prices in countries with previously high inflation and the potential ripple effects of economic policies in Central and Eastern Europe. Monitoring geopolitical influences and agricultural production shifts are critical, as these factors could significantly influence future HICP variations across Europe.
Top countries in Sauces and Condiments HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 156.69 | 2022 | +29.82% | +13.46% | View data |
| 2 | 2 Lithuania | 153.98 | 2022 | +29.69% | +7.91% | View data |
| 3 | 3 Bulgaria | 153.58 | 2022 | +26.56% | +7.73% | View data |
| 4 | 4 Czech Republic | 150.8 | 2022 | +22.11% | +10.42% | View data |
| 5 | 5 Serbia | 150.4 | 2022 | +17.68% | View data | |
| 6 | 6 Malta | 149.26 | 2022 | +19.12% | View data | |
| 7 | 7 Latvia | 147.14 | 2022 | +27.68% | +10.67% | View data |
| 8 | 8 Estonia | 143.27 | 2022 | +29.29% | View data | |
| 9 | 9 Slovakia | 142.26 | 2022 | +22.95% | View data | |
| 10 | 10 Croatia | 132.76 | 2022 | +15.29% | View data |
