Dutch Inflation Rate Eases Further to 1.5% in November


In November, Netherlands' consumer prices rose 1.5 percent, slightly down from 1.6 percent a month earlier. The slowdown was mainly driven by falling prices for food and package holidays.

Inflation fell mainly due to the price development of package holidays (+0.5 percent year-on-year) which declined steeper in November of 2013 than in the same month of the previous year. Food prices (+0.5 percent) also led to a slight reduction in the rate of inflation. In contrast, the evolution of gas (+3.1 percent) had an upward effect in the overall index.

Dutch inflation according to the harmonised consumer price index (HICP) slipped from 1.3 percent in October to 1.2 percent in November. 

Dutch Inflation Rate Eases Further to 1.5% in November


CBS Nuno Fontes | nuno@tradingeconomics.com
12/5/2013 9:06:34 AM