The inflation rate in the Netherlands rose to 2.8 percent year-on-year in March 2019, the highest since August 2013, from 2.6 percent in the previous month, as prices increased faster for: transport (3.5 percent vs 2.9 percent in February); food and non-alcoholic beverages (3.6 percent vs 2.9 percent); furnishing and household equipment (1.7 percent vs 1.4 percent); recreation and culture (1.6 percent vs 0.5 percent); and restaurants and hotels (4.0 percent vs 3.4 percent). Meanwhile, inflation slowed for both housing and utilities (4.2 percent vs 4.3 percent) and clothing and footwear (1.9 percent vs 4.8 percent). Annual core inflation, which excludes energy, food, alcohol, and tobacco was unchanged at 1.9 percent in March. On a monthly basis, consumer prices went up 0.4 percent, after a 0.9 percent rise in the previous month. Inflation Rate in Netherlands averaged 3.21 percent from 1971 until 2019, 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.
Inflation Rate in Netherlands is expected to be 2.60 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 1.90 in 12 months time. In the long-term, the Netherlands Inflation Rate is projected to trend around 2.40 percent in 2020, according to our econometric models.