Dutch Inflation Rate Rises to 0.4% in March

Dutch consumer prices increased 0.4 percent year-on-year in March, following an upwardly revised 0.2 percent rise in the previous month, driven by higher rental cost and a slower drop in fuel prices.

Year-on-year, the biggest upward pressure came from 2.4 percent increase in the cost of housing, water and energy. While prices of actual rentals rose 4.3 percent, energy cost dropped 2.8 percent. Prices in restaurants and cafes rose 1.2 percent; education cost increased 3.5 percent and alcoholic beverages and tobacco went up 2.4 percent. 

Downward pressures came from cost of food and non alcoholic beverages (-0.2 percent) and clothing and footwear (-3.0 percent). Transport prices fell 1.6 percent compared to 2.8 percent decline in February. Diesel cost declined 9 percent (-12.4 in February) and gasoline prices dropped 5.8 percent ( -10.2 percent in February). 

Year-on-year, core inflation rate increased to 1 percent from 0.9 percent in February.

The harmonized consumer price index fell an annual 0.3 percent in March.

Dutch Inflation Rate Rises to 0.4% in March

Joana Taborda | joana.taborda@tradingeconomics.com
4/9/2015 1:14:24 PM