Dutch Inflation Rate The Lowest Since 1987

Consumer prices in Netherlands were unchanged in January of 2015 compared with a year earlier, following a 0.7 percent increase in the previous month. It is the lowest inflation rate since September of 1987, due to lower fuel and clothing prices.

Gasoline was almost 13 percent cheaper in January than in the same month a year earlier. Also, the price of gas is now 2.8 percent lower than last year.

Prices of clothes and food also had a downward effect on inflation. Due to the mild weather, there was less demand for winter clothing and foods in supermarkets were sold with higher discount.

Core inflation, which strips out process of food and energy was 1.0 percent in January.

On a monthly basis, consumer prices fell 0.9 percent, after a 0.2 percent drop in the previous month.

Dutch Inflation Rate The Lowest Since 1987

CBS | Joana Taborda | joana.taborda@tradingeconomics.com
2/12/2015 10:48:23 AM