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.