The Netherlands' annual inflation rate increased to 1.6 percent in June 2020, the most since February, from the previous two month’s two-year low of 1.2 percent. Inflation picked up for both recreation & culture (3.4 percent vs 2.8 percent in May) and furnishings & household equipment (2.6 percent vs 2.2 percent). In addition, prices fell less for transport (-0.1 percent vs -2.4 percent) while that of clothing and footwear were unchanged (vs -1.6 percent). Meantime, prices went up softer for food and non-alcoholic beverages (2.7 percent vs 3.2 percent); housing (0.2 percent vs 0.3 percent). The annual core inflation, which excludes energy, food, alcohol, and tobacco rose to an-eight month high of 2.3 percent in June from 2.1 percent in May. On a monthly basis, consumer prices rose 0.3 percent, after a 0.1 percent fall in the prior month.
Inflation Rate in Netherlands averaged 3.19 percent from 1971 until 2020, reaching an all time high of 11.19 percent in November of 1974 and a record low of -1.30 percent in February of 1987. This page provides - Netherlands Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Netherlands Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Statistics Netherlands
Inflation Rate in Netherlands is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Netherlands to stand at 1.20 in 12 months time. In the long-term, the Netherlands Inflation Rate is projected to trend around 1.60 percent in 2021 and 1.80 percent in 2022, according to our econometric models.