Dutch Inflation Rate Accelerates in April


Netherlands’ annual inflation rate accelerated to 1.2 percent in April of 2014, from 0.83 percent in the previous month, driven by higher prices of motor fuels. It is the largest CPI surge since the VAT rise in October of 2012.

Additional upward pressures came from cost of accommodation and airfare as the Easter holidays fell completely in April this year.

Year-on-year, prices quickened for food and non-alcoholic beverages (0.2 percent from -0.3 percent in the previous month) transport (2.2 percent from -0.2 percent), recreation and culture (0.7 percent from 0.2 percent), hotels, cafés and restaurants (2.8 percent from 1.1 percent).

On a monthly basis, the inflation rate slowed to 0.5 percent in April of 2014, from 0.8 percent in the previous month.

Dutch Inflation Rate Accelerates in April


CBS | Isabel Felino | isabel.felino@tradingeconomics.com
5/8/2014 10:25:33 AM