The Netherlands' annual inflation rate was confirmed at 9.6% in December 2022, the lowest since June, mainly due to a slowdown in energy inflation (52.0% vs 74.4% in November), in particular gas (59.9% vs 74.4%) and electricity (44.5% vs 70.9%). Also, cost moderated for housing (12.4% vs 14.8%), while food inflation hit a new record high of 16.8% (vs 15.4% in November). Other price increases were seen in clothing and footwear (11.3% vs 5.7%), recreation & culture (5.8% vs 2.9%), and furnishings & household equipment (11.2% vs 10.5%). The annual core inflation, which excludes energy, food, alcohol, and tobacco, rose to a new record peak of 6.2% from a 5.6% in November. On a monthly basis, consumer prices were up 0.5% in December, rebounding from a 3.0% drop in November. The harmonized CPI, which is used to compare prices with other member states of the EU, advanced 11.0 percent year-on-year in December. source: Statistics Netherlands

Inflation Rate in Netherlands averaged 3.29 percent from 1971 until 2022, reaching an all time high of 14.50 percent in September 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 January of 2023.

Inflation Rate in Netherlands is expected to be 8.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Netherlands Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2023-01-06 05:30 AM Inflation Rate YoY Prel Dec 9.6% 9.9% 6.7%
2023-01-10 05:30 AM Inflation Rate YoY Final Dec 9.6% 9.9% 9.6%
2023-02-01 05:30 AM Inflation Rate YoY Prel Jan 9.6% 8.8%


Related Last Previous Unit Reference
Inflation Rate 9.60 9.90 percent Dec 2022
Consumer Price Index CPI 124.94 124.35 points Dec 2022
Harmonised Consumer Prices 126.64 125.81 points Dec 2022
Core Inflation Rate 6.20 5.60 percent Dec 2022
Core Consumer Prices 116.96 116.14 points Dec 2022
GDP Deflator 119.14 115.51 points Sep 2022
Producer Prices 141.80 144.40 points Nov 2022
Export Prices 133.30 137.00 points Nov 2022
Import Prices 133.50 139.70 points Nov 2022
Inflation Rate MoM 0.50 -3.00 percent Dec 2022
CPI Transportation 123.38 125.93 points Dec 2022
CPI Housing Utilities 137.10 137.26 points Dec 2022
Food Inflation 16.80 15.40 percent Dec 2022
Producer Prices Change 16.20 19.20 percent Nov 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
9.60 9.90 14.50 -1.30 1971 - 2022 percent Monthly
2015=100

News Stream
Dutch Inflation Rate Confirmed at 6-Month Low
The Netherlands' annual inflation rate was confirmed at 9.6% in December 2022, the lowest since June, mainly due to a slowdown in energy inflation (52.0% vs 74.4% in November), in particular, gas (59.9% vs 74.4%) and electricity (44.5% vs 70.9%). Also, cost moderated for housing (12.4% vs 14.8%), while food inflation hit a new record high of 16.8% (vs 15.4% in November). Other price increases were seen in clothing and footwear (11.3% vs 5.7%), recreation & culture (5.8% vs 2.9%), and furnishings & household equipment (11.2% vs 10.5%). The annual core inflation, which excludes energy, food, alcohol, and tobacco, reached a historical peak of 6.2% from 5.6% in November. Monthly, consumer prices were up 0.5% in December, rebounding from a 3.0% drop in November. The harmonized CPI used to compare prices with other member states of the EU advanced 11.0 percent year-on-year in December.
2023-01-10
Dutch Inflation Rate Eases to 6-Month Low
The Netherlands' annual inflation rate declined to 9.6% in December 2022 from November of 9.9%, a preliminary estimate showed. It was the lowest inflation rate since June, amid a softer rise in prices of energy (30.0% vs 41.3% in November). Meanwhile, prices continued to increase for non-energy industrial goods (8.7% vs 7.2%), food beverages and tobacco (14.0% vs 12.9%), and services (4.6% vs 4.4%). The annual core inflation, which excludes energy, food, alcohol, and tobacco, rose to a new record high of 6.2% from 5.6% in November. The CPI, harmonized to compared with other European countries, advanced 11.0% on the year, slowing from a 11.3% gain in November.
2023-01-06
Dutch Inflation Rate Slows to 5-Month Low
The Netherlands' annual inflation rate dropped sharply to 9.9% in November 2022 from 14.3% in the prior month, pointing to the lowest reading since June. Energy prices eased further, namely gas (74.4% vs 198.7% in October) and electricity (70.0% vs 161.5%). Also, cost moderated for clothing and footwear (5.7% vs 8.7%), housing (14.8% vs 28.7%), and furnishings & household equipment (10.5% vs 10.9%). Meantime, prices of food and non-alcoholic beverages rose at a record pace of 15.4% after gaining 13.8% in October. Further, cost of recreation & culture accelerated (2.9% vs 2.3%). The annual core inflation, which excludes energy, food, alcohol, and tobacco, fell to 5.6% from a fresh record peak of 6.0% in October. On a monthly basis, consumer prices declined by 3.0% in November, the first fall since May, after a 1.1% gain in October.
2022-12-08