The Netherlands' annual inflation rate surged to 12.0% in August 2022 from 10.3% a month earlier. It was the quickest rise in consumer prices since the series began in 1971, mainly boosted by higher prices in energy (151.4% vs 108%), largely due to electricity (149.6%), gas (170.1%). Also, prices of food and non-alcoholic beverages rose the most on record (13.0% vs 12.2% in July), largely due to oils & fats, milk, cheese and eggs; and coffee, tea, and cocoa. Additional upward pressures also came from prices of housing (22.7% vs 16.8%), clothing and footwear (3.3% vs 1.9%), furnishings & household equipment (8.8% vs 8.6%), and recreation & culture (4.0% vs 4.3%). The annual core inflation, which excludes energy, food, alcohol, and tobacco climbed to a new record high of 5.0% in August from July’s of 4.9%. On a monthly basis, consumer prices were up by 2.0% in August, following a 2.1% rise in July, which was the highest inflation rate since April 1976. source: Statistics Netherlands

Inflation Rate in Netherlands averaged 3.23 percent from 1971 until 2022, reaching an all time high of 12 percent in August of 2022 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 September of 2022.

Inflation Rate in Netherlands is expected to be 9.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Netherlands Inflation Rate is projected to trend around 3.60 percent in 2023 and 2.60 percent in 2024, according to our econometric models.

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Netherlands Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-08-04 04:30 AM Jul 10.3% 8.6% 10.2%
2022-09-06 04:30 AM Aug 12% 10.3% 12.5%
2022-10-06 04:30 AM Sep 12% 13.6%


Related Last Previous Unit Reference
Inflation Rate 12.00 10.30 percent Aug 2022
Consumer Price Index CPI 123.95 121.57 points Aug 2022
Harmonised Consumer Prices 125.63 122.71 points Aug 2022
Core Inflation Rate 5.00 4.90 percent Aug 2022
Core Consumer Prices 115.08 114.46 points Aug 2022
GDP Deflator 115.51 116.80 points Jun 2022
Producer Prices 145.50 145.20 points Jul 2022
Export Prices 133.20 127.90 points Jul 2022
Import Prices 135.00 140.50 points Jul 2022
Food Inflation 13.00 12.20 percent Aug 2022
CPI Transportation 131.39 132.46 points Aug 2022
CPI Housing Utilities 139.33 132.40 points Aug 2022
Inflation Rate MoM 2.00 2.10 percent Aug 2022
Producer Prices Change 26.00 28.10 percent Jul 2022

Netherlands Inflation Rate
In Netherlands, the most important categories in the consumer price index are: housing, water, electricity and gas (24.5 percent of the total weight); transport (11.6 percent) and food and non-alcoholic beverages (11.3 percent). The index also includes: recreation and culture (10.3 percent); furnishing and household equipment (6 percent); clothing and footwear (4.9 percent); hotels and restaurants (4.2 percent); communication (3.3 percent) and alcoholic beverages and tobacco (3.1 percent). Health, education and other goods and services account for the remaining 20.8 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
12.00 10.30 12.00 -1.30 1971 - 2022 percent Monthly
2015=100

News Stream
Dutch Inflation Hits Record High of 12%
The Netherlands' annual inflation rate surged to 12.0% in August 2022 from 10.3% a month earlier. It was the quickest rise in consumer prices since the series began in 1971, mainly boosted by higher prices in energy (151.4% vs 108%), largely due to electricity (149.6%), gas (170.1%). Also, prices of food and non-alcoholic beverages rose the most on record (13.0% vs 12.2% in July), largely due to oils & fats, milk, cheese and eggs; and coffee, tea, and cocoa. Additional upward pressures also came from prices of housing (22.7% vs 16.8%), clothing and footwear (3.3% vs 1.9%), furnishings & household equipment (8.8% vs 8.6%), and recreation & culture (4.0% vs 4.3%). The annual core inflation, which excludes energy, food, alcohol, and tobacco climbed to a new record high of 5.0% in August from July’s of 4.9%. On a monthly basis, consumer prices were up by 2.0% in August, following a 2.1% rise in July, which was the highest inflation rate since April 1976.
2022-09-06
Dutch Inflation Rate Highest in Near 47 Years
The Netherlands' annual inflation rate jumped to 10.3 percent in July 2022 from 8.6 percent a month earlier. It was the fastest rise in consumer prices since September 1975, with cost of food and non-alcoholic beverages rising the most on record (12.2% vs 11.1% in June), largely due to oils & fats, milk, cheese and eggs, meat, and fish & seafood. Additional upward pressures also came from prices of energy (108% vs 83.5%), housing (16.8% vs 11.3%), clothing and footwear (1.9% vs 0.8%), furnishings & household equipment (8.6% vs 9.8%), and recreation & culture (4.3% vs 3.2%). The annual core inflation, which excludes energy, food, alcohol, and tobacco climbed to a record peak of 4.9% in July from 3.7% in June. On a monthly basis, consumer prices increased by 2.1 percent in July, the most since April 1976, after being flat in June.
2022-08-04
Dutch Inflation Rate Eases to 4-Month Low
The Netherlands' annual inflation rate slowed to a four-month low of 8.6 percent in June of 2022 from 8.8 percent in the previous month, amid softer rises in energy prices (83.5% vs 105% in May). Prices climbed less for both housing (11.3% vs 13.9%) and clothing and footwear (0.8% vs 3.8%). Meanwhile, prices continued to increase for food and non-alcoholic beverages (11.1% vs 9.2%), transport (18.3% vs 15.7%), furnishings & household equipment (9.8% vs 8.4%), recreation & culture (3.2% vs 3.1%). The annual core inflation, which excludes energy, food, alcohol, and tobacco rose to an over 20-year high of 3.7% from May's of 3.6%. On a monthly basis, consumer prices were flat, after falling a 0.6% in the prior month.
2022-07-07