The inflation rate in the Netherlands increased to 2.1 percent year-on-year in October of 2018 from 1.9 percent in the previous month. Prices rose faster for both transport (4.7 percent vs 4.1 percent in September) and furnishing and household equipment (0.6 percent vs 0.1 percent). Additionally, prices rebounded for: recreation and culture (0.1 percent vs -0.4 percent); clothing and footwear (0.1 percent vs -2.9 percent). Meantime, inflation was steady for: food and non-alcoholic beverages (at 0.5 percent); housing and utilities (at 3.5 percent). On the other hand, inflation slowed for restaurants and hotels (2.4 percent vs 2.8 percent). Annual core inflation, which excludes energy, food, alcohol, and tobacco rose to 1.5 percent in October from 1.3 percent in the prior month. On a monthly basis, consumer prices went up 0.4 percent, compared to a 0.4 percent fall in September. Inflation Rate in Netherlands averaged 3.22 percent from 1971 until 2018, 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 1.70 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 2.10 in 12 months time. In the long-term, the Netherlands Inflation Rate is projected to trend around 2.30 percent in 2020, according to our econometric models.