Dutch Inflation Falls to Year Low in September


In September, Netherlands' consumer prices rose 2.4 percent, down from 2.8 percent a month earlier and reaching its lowest level since September of 2012. The slowdown was mainly driven by falling prices for clothes, transport and communication.

Communication costs provided the biggest downward pressure on the overall index, falling 2.5 percent yoy. Clothing and footwear prices declined 0.9 percent and transport costs were up 1.7 percent, down from 2.2 percent in August. The biggest upward pressures came from recreation and culture (+2.9 percent) and food and non-alcoholic beverages (+2.2 percent).

Dutch inflation according to the European harmonized method (HICP) fell to 2.4 percent. This is 0.4 percentage points lower than in August.

Dutch Inflation Falls to Year Low in September


CBS | Nuno Fontes | nuno@tradingeconomics.com
10/10/2013 9:08:23 AM