Netherlands' Inflation Rate Up to 2.9% in June


In June, annual inflation rose to 2.9 percent from 2.8 percent in May. The rise in inflation was broadly driven by energy prices, contributing 0.7 percentage points to the overall index.

Dutch food prices grew 2.9 percent, contributing with 0.3 percentage points to inflation rate. Other major upward pressures were registered in transport (+0.5 p.p.), recreation (+0.4 p.p.) and alcoholic beverages and tobacco (+0.3 p.p.).

The price index for communications (-3.0 percent) and private education (-0.5 percent) registered the only annual decreases. 

Prices were flat on a monthly basis. Annual inflation, according to the European harmonized method, increased from 3.1 percent in May to 3.2 percent in June.

Netherlands


CBS | Nuno Fontes | nuno@tradingeconomics.com
7/4/2013 8:57:39 AM