Dutch Inflation Rate Falls to 3-1/2-Year Low

In January of 2014, Netherlands’ annual inflation rate slowed to 1.4 percent, the lowest rate since June of 2010. In the last month of 2013, the inflation rate was recorded at 1.7 percent. In six months’ time, the inflation has more than halved.

Year-on-year, alcoholic beverages and tobacco recorded the highest increase (7 percent). Upward pressures came from prices of motor vehicles (+ 7.2 percent) and from premiums for supplementary health insurance (+2.8 percent). 

In contrast, cost of communication and furnishing and household appliances fell on the year (-4.8 percent and -1.0 percent, respectively). Downward pressures also came from electricity prices. 

On a monthly basis, prices fell 0.2 percent. Harmonized CPI decreased to an annual 0.8 percent and the monthly rate was recorded at -0.6 percent. 

Dutch Inflation Rate Falls to 3-1/2-Year Low

CBS | Joana Taborda | joana.taborda@tradingeconomics.com
2/13/2014 9:33:27 AM