Netherlands Inflation Rate Edges Up to 1.7% in December


In December of 2013, Dutch annual inflation rate rose to 1.67 percent, after decelerating in the previous two months, mainly due to higher cost of clothes and petrol.

In November, consumer prices were 1.5 percent higher than one year previously. Clothes and petrol prices contributed to the higher inflation rate in December, as sales prices were not reduced as much as in previous years, resulting in a higher inflation.

The inflation rate in the Netherlands calculated on the basis of the European harmonised method (HICP) rose to 1.4 percent, i.e. 0.2 percentage points above the November level.

Netherlands Inflation Rate Edges Up to 1.7% in December


CBS | Joana Taborda | joana.taborda@tradingeconomics.com
1/9/2014 7:55:06 PM