The European Whole Milk Harmonized Index of Consumer Prices (HICP) in 2024 demonstrates significant variation across countries. Lithuania leads with a steep year-on-year increase of 44.4%, while Switzerland shows a modest rise of 3.2%. Eastern European nations like Montenegro, Estonia, and Hungary report substantial hikes, indicating heightened inflation pressures compared to Western counterparts like France and Norway, which witnessed minimal increases. These disparities suggest varying impacts of economic and supply chain factors by region.
Future trends to watch include potential stabilization in Eastern Europe and continued variability influenced by agricultural policy changes, climate impacts on dairy production, and geopolitical events affecting supply chains across the continent.
Top countries in Whole Milk HICP by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Lithuania | 44.4 | 2022 | View data |
| 2 | 2 Montenegro | 26.1 | 2022 | View data |
| 3 | 3 Estonia | 26.1 | 2022 | View data |
| 4 | 4 Czech Republic | 25.2 | 2022 | View data |
| 5 | 5 Croatia | 24.9 | 2022 | View data |
| 6 | 6 Poland | 24.8 | 2022 | View data |
| 7 | 7 Hungary | 24.8 | 2022 | View data |
| 8 | 8 Serbia | 24.5 | 2022 | View data |
| 9 | 9 Macedonia | 24.4 | 2022 | View data |
| 10 | 10 Slovakia | 24.2 | 2022 | View data |
