Netherlands Inflation Rate at 5-Year Low


Dutch annual inflation rate dropped to 0.7 percent in December of 2014 from 1 percent in November, driven by a decline in energy cost. It is the lowest level since October 2009.

Year-on-year, communication cost decreased the most (-5 percent), followed by transport (-1.8 percent) and furnishing and housing (-1.4 percent). Upward pressure came from private education (+3.5 percent); housing, water, electricity and gas (+2.9 percent); hotels and restaurants (+1.5 percent) and clothing and footwear (+0.2 percent). Prices of food and non-alcoholic beverages remained unchanged, following a 0.8 increase in the previous month.

On a monthly basis, consumer prices fell 0.2 percent, after a 0.6 percent drop in the previous month.

Netherlands Inflation Rate at 5-Year Low


CBS l Carolina l carolina.cunha@tradingeconomics.com
1/8/2015 11:16:09 AM