Dutch annual inflation rate accelerated to 1.0 percent in August of 2014, slightly higher than 0.9 percent in the previous month as a rise in prices of house rents, utilities and transportation was unable to offset lower cost of food, clothes and communication.
Year-on-year, upward inflationary pressures came mostly from higher rents cost of housing, water, electricity, gas and other fuels (2.8 percent), alcoholic beverages and tobacco (1.0 percent), health (1.0 percent), transport (1.0 percent), education (3.8 percent)and hotels, cafes and restaurants (2.5 percent). In contrast, prices fell for food and non-alcoholic beverages (-0.3 percent), clothing and footwear (-1.4 percent), furnishings and household equipment (-0.8 percent), and communications (-6.2 percent).
On a monthly basis, inflation decelerated by 0.07 percent in August of 2014 compared with a 0.80 percent increase in the previous month.
9/4/2014 10:06:05 AM