The inflationof sporting goods and services in the EU has decelerated in 2024. The annual rate of change of recreational and sporting services prices in the EU was 5.2%, measured by the harmonised indices of consumer prices (HICP), down 0.9 percentage points (pp) from 2023.
Also the prices for equipment for sport, camping and open-air recreation grew much slower than in the previous year, with the annual rate of change in 2024 standing at 1.0%, -2.4 pp than the year before.
Source datasets: prc_hicp_aind
In the last decade, prices of equipment for sports, camping and open-air recreation varied significantly as annual rates of change fell to negative values in 2014 (-0.2%) and 2015 ( 0.7%), then went up temporarily to +0.7% in 2016. Following this, they dropped for 3 consecutive years, between 2017 and 2019. In 2020, they started to increase, reaching their highest value in 2022 (+3.8%).
In the same period, prices of recreational and sporting services increased moderately, presenting positive annual average rates of change that started at +1.9% in 2014, decreased slightly to +1.8% in 2016 and then increased again to +2.4% before stabilizing at +2.2% between 2020 and 2021. By 2022, they had risen to 4.7%, accelerating further to 6.1% in 2023.
Sunday 6 April marks the International Day of Sport for Development and Peace, an occasion to acknowledge the importance of sports and physical activity in people’s well-being and communities.
Source: Eurostat, https://ec.europa.eu/eurostat/product?code=ddn-20250404-1
