The inflation rate in the Netherlands came in at 2 percent year-on-year in December of 2018, unchanged from in the previous month. Inflation was steady for housing and utilities (at 3.7 percent). Inflation slowed for transport (0.8 percent vs 2.8 percent in November). Meanwhile, prices rose faster for: food and non-alcoholic beverages (1.0 percent vs 0.9 percent); clothing and footwear (3.8 percent vs 1.2 percent), furnishing and household equipment (0.7 percent vs 0.6 percent), and restaurants and hotels (3.6 percent vs 2.5 percent). By contrast, prices continued to fall for recreation and culture (-0.2 percent vs -0.6 percent). Annual core inflation, which excludes energy, food, alcohol, and tobacco inched up to 1.7 percent in December from 1.6 percent in the prior month. On a monthly basis, consumer prices edged down 0.1 percent, after a 0.2 percent drop in the previous month. Inflation Rate in Netherlands averaged 3.22 percent from 1971 until 2018, reaching an all time high of 11.19 percent in November of 1974 and a record low of -1.30 percent in February of 1987.
Inflation Rate in Netherlands is expected to be 1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Netherlands to stand at 1.80 in 12 months time. In the long-term, the Netherlands Inflation Rate is projected to trend around 2.30 percent in 2020, according to our econometric models.