Dutch Inflation Rate Rises Marginally

Consumer prices in Netherlands increased by 0.1 percent in February of 2015 compared with the same month of the previous year, after being unchanged in January. The rise was mainly driven by higher transport cost.

Transports cost was 4.4 percent more expensive in February than in the same month a year earlier compared to 2.9 percent rise in January. Cost of fuel and lubricants edged up slightly for the first time in several months yet it was still 11 percent lower than a year earlier. Also, petrol prices went down 10.6 percent (-12.6 percent in January) while prices of diesel dropped 12.9 percent (-16.4 percent in January).  

Year-on-year, cost of housing, water, electricity and water increased 2.5 percent, the same rate recorded last month. While downward pressures came mainly from gas (-3.1 percent) and electricity (-0.8 percent), cost of actual rent rose 4.3 percent. 

Prices of food and non alcoholic beverages declined by 0.4 percent compared to 0.9 percent drop in January.

On a monthly basis, consumer prices accelerated 0.5 percent, after a 0.9 drop in the previous month.

Dutch Inflation Rate Rises Marginally

CBS | Carolina Cunha | carolina.cunha@tradingeconomics.com
3/5/2015 12:35:04 PM