Dutch Inflation Rate Slows in August

The annual inflation rate in Netherlands eased to 0.8 percent in August of 2015 from 1 percent in the previous two months, driven by a fall in prices of clothes and petrol.

Year-on-year, transport prices fell 1.8 percent (-0.6 percent in July); cost of clothing and footwear dropped 3.4 percent (0.2 percent in July); health prices went down 0.7 percent (-0.5 percent in July) and communication cost slipped 2.7 percent (-2.4 percent in July). 

In contrast, upward pressure came from prices of housing, water and energy (up 1.4 percent in August, the same as in July), food and non-alcoholic beverages (up 1.6 percent from 0.7 percent in July) and recreation and culture (up 0.8 percent, the same as in July). 

On a monthly basis, consumer prices dropped 0.3 percent, following a 0.8 percent increase in July.

The harmonized index fell 0.5 percent from July to August, bringing the annual inflation rate to 0.4 percent (0.8 percent in July). 

Dutch Inflation Rate Slows in August

Joana Taborda | joana.taborda@tradingeconomics.com
9/10/2015 9:19:49 AM