The inflation rate in the Netherlands declined to 1.2% yoy in April 2020 from 1.4% in the previous month. It was the lowest inflation rate since April 2018, mainly due to a softer rise in prices of housing while transport prices fell, amid restriction measures to prevent further spreading the COVID-19 outbreak. Prices increased softer for both housing (0.3% vs 0.4% in March), the lowest since July 2016, and furnishings & household equipment (0.3% vs 0.5%). In addition, transport prices fell 1.5% in April, the first decline since September 2016, after a 0.9% rise in March. Meantime, prices rose faster for food and non-alcoholic beverages (3.5% vs 3.2%). On the other hand, clothing and footwear prices continued to drop (-0.2% vs -0.6%). The annual core inflation, which excludes energy, food, alcohol, and tobacco increased to a three-month high of 2.2% in April from the previous month's eight-month low of 2.0%. On a monthly basis, consumer prices went up 0.5%, after a 0.2% rise in March.
Inflation Rate in Netherlands averaged 3.19 percent from 1971 until 2020, 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 May of 2020. source: Statistics Netherlands
Inflation Rate in Netherlands is expected to be -0.70 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 1.00 in 12 months time. In the long-term, the Netherlands Inflation Rate is projected to trend around 1.50 percent in 2021 and 1.80 percent in 2022, according to our econometric models.