The Netherlands' annual inflation rate increased to 1.6 percent in January of 2021, the most since July, from 1.0 percent in December 2020, mainly due to a faster rise in prices of housing (2.0% vs 0.8%) while transport prices fell less (-0.8% vs -2.3%). In addition, prices rose more for both recreation & culture (2.7% vs 1.9% in December 2020) and furnishings & household equipment (3.7% vs 2.3%). Meantime, food and non-alcoholic beverages inflation eased to a 27-month low of 0.5 percent in January from 0.6 percent in December. At the same, clothing and footwear prices dropped less (-1.7% vs -2.0%). The annual core inflation, which excludes energy, food, alcohol, and tobacco increased to a six-month high of 2.0 percent in January from 1.7 percent in December. On a monthly basis, consumer prices were down 0.2 percent, reversing from a 0.2 percent rise in the prior month. source: Statistics Netherlands
Inflation Rate in Netherlands averaged 3.16 percent from 1971 until 2021, 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. This page provides - Netherlands Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Netherlands Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Inflation Rate in Netherlands is expected to be 0.60 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 1.50 in 12 months time. In the long-term, the Netherlands Inflation Rate is projected to trend around 1.70 percent in 2022, according to our econometric models.