Netherlands Inflation Rate Unchanged in July


Dutch annual inflation rate remained steady at 0.9 percent in July of 2014 as a rise in prices of house rents, utilities and transportation was enough to offset lower cost of food, clothes and communication.

Year-on-year, upward inflationary pressures came mostly from higher rents cost of housing, water, electricity, gas and other fuels (2.8 percent), alcoholic beverages and tobacco (1.2 percent), health (0.6 percent), transport (1.1 percent), education (3.8 percent), hotels, cafes and restaurants (2.8 percent). In contrast, prices fell for food and non-alcoholic beverages (-0.5 percent), clothing and footwear (-3.2 percent), furnishings and household equipment (-0.6 percent), and communications (-5.7 percent).

On a monthly basis, inflation increased by 0.8 percent in July of 2014 compared with a 0.3 percent decline in the previous month.

Netherlands Inflation Rate Unchanged in July


CBS | Isabel Felino | isabel.felino@tradingeconomics.com
8/7/2014 10:10:41 AM