2 weeks Ago
(UrduPoint / Pakistan Point News / WAM - 05th Apr, 2025) , 5th , 2025 (WAM) – The inflation of sporting goods and services in the EU has decelerated in 2024. The annual rate of change of recreational and sporting services in the EU was 5.2%, measured by the harmonised indices of consumer prices (HICP), down 0.
9 percentage points (pp) 2023, according to figures published by Eurostat, the statistical office of the , ahead of the International Day of Sport for Development and Peace. 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. In the last decade, prices of equipment for , camping and open-air recreation varied significantly as annual rates of change fell to negative values in 2014 (-0. 2%) and ( 0.
7%), then went up temporarily to +0.7% in . Following this, they dropped for 3 consecutive years, between and .
In , they started to increase, reaching their highest value in 2022 (+3.8%). In the 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 and then increased again to +2.4% before stabilizing at +2.
2% between and 2021. By 2022, they had risen to 4.7%, accelerating further to 6.
1% in 2023. Sunday 6 marks the International Day of Sport for Development and Peace, an occasion to acknowledge the importance of and physical activity in people’s well-being and communities..
