The annual inflation rate in the Netherlands was confirmed at 2.8% in February 2024, easing from a six-month high of 3.2% in the previous period. Main downward pressures came from the slowdown in prices for food and non-alcoholic beverages (0.8% vs 2.5% in January), recreation and culture (2.6% vs 4.1%); and the ongoing deflation for clothing and footwear (-1.4% vs -3.7%), and upholstery, household appliances and maintenance (-2.7% vs -0.5%). In contrast, inflation accelerated mainly for housing and utilities (1.5% vs 1.1%), and transport (4.1% vs 3.8%). Meanwhile, the harmonized CPI, which is used to compare with other EU member states, rose 2.7% from a year earlier, down from a prior 3.1% increase. On a monthly basis, consumer prices grew 0.7%, the largest rise since July 2023. source: Statistics Netherlands

Inflation Rate in Netherlands decreased to 2.80 percent in February from 3.20 percent in January of 2024. Inflation Rate in Netherlands averaged 3.30 percent from 1971 until 2024, reaching an all time high of 14.50 percent in September of 2022 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 March of 2024.

Inflation Rate in Netherlands decreased to 2.80 percent in February from 3.20 percent in January of 2024. Inflation Rate in Netherlands is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Netherlands Inflation Rate is projected to trend around 2.00 percent in 2025 and 1.70 percent in 2026, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-03-01 05:30 AM Inflation Rate YoY Prel Feb 2.8% 3.2% 3.0%
2024-03-12 05:30 AM Inflation Rate YoY Final Feb 2.8% 3.2% 2.8%
2024-04-03 04:30 AM Inflation Rate YoY Prel Mar 2.8% 2.8%


Related Last Unit Reference
CPI 127.95 points Feb 2024
Core Consumer Prices 121.58 points Feb 2024
Core Inflation Rate 2.92 percent Feb 2024
CPI Housing Utilities 130.63 points Feb 2024
CPI Transportation 131.02 points Feb 2024
Export Prices 123.90 points Jan 2024
Food Inflation 0.80 percent Feb 2024
GDP Deflator 128.80 points Dec 2023
Harmonised Consumer Prices 129.29 points Feb 2024
Import Prices 117.30 points Jan 2024
Inflation Rate YoY Prel 2.80 percent Feb 2024
Inflation Rate MoM 0.70 percent Feb 2024
Producer Prices 135.00 points Dec 2023
Producer Prices Change -2.50 percent Dec 2023

Netherlands Inflation Rate
In Netherlands, the most important categories in the consumer price index are: housing, water, electricity and gas (24.5 percent of the total weight); transport (11.6 percent) and food and non-alcoholic beverages (11.3 percent). The index also includes: recreation and culture (10.3 percent); furnishing and household equipment (6 percent); clothing and footwear (4.9 percent); hotels and restaurants (4.2 percent); communication (3.3 percent) and alcoholic beverages and tobacco (3.1 percent). Health, education and other goods and services account for the remaining 20.8 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
2.80 3.20 14.50 -1.30 1971 - 2024 percent Monthly
2015=100

News Stream
Dutch Inflation Rate Confirmed at 2.8% in February
The annual inflation rate in the Netherlands was confirmed at 2.8% in February 2024, easing from a six-month high of 3.2% in the previous period. Main downward pressures came from the slowdown in prices for food and non-alcoholic beverages (0.8% vs 2.5% in January), recreation and culture (2.6% vs 4.1%); and the ongoing deflation for clothing and footwear (-1.4% vs -3.7%), and upholstery, household appliances and maintenance (-2.7% vs -0.5%). In contrast, inflation accelerated mainly for housing and utilities (1.5% vs 1.1%), and transport (4.1% vs 3.8%). Meanwhile, the harmonized CPI, which is used to compare with other EU member states, rose 2.7% from a year earlier, down from a prior 3.1% increase. On a monthly basis, consumer prices grew 0.7%, the largest rise since July 2023.
2024-03-12
Dutch Inflation Rate Eases from 6-Month High
The annual inflation rate in the Netherlands eased to 2.8% in February 2024 from a six-month high of 3.2% in the previous month, preliminary estimates showed. Main downward pressure came from food, drinks & tobacco (4.5% vs 4.8% in January) and services (4.5% vs 4.8%). At the same time, prices tumbled for industrial goods (-0.6% vs 0.3%). Meanwhile, prices rebounded for energy including fuels (1.1% vs -2.5%). The harmonized CPI, which used to compare with other EU member states, is likely to rise 2.7% year-on-year, slowing from a 3.1% increase in the previous month.
2024-03-01
Dutch Inflation Rate Confirmed at 6-Month High
The annual inflation rate in the Netherlands was confirmed at 3.2% in January 2024 from 1.2% in the previous month, pointing to its highest level since July 2023. Prices increased for restaurants & hotels (7.4% vs 4.9% in December 2023), miscellaneous goods & services (7.1% vs 6.5%), health (6.1% vs 5.5%), and recreation & culture (4.1% vs 3.7%). Also, costs rebounded for housing & utilities (1.1% vs -6%). Conversely, inflation eased for food & non-alcoholic beverages (2.5% vs 4%) and transport (3.8% vs 4.5%). Meanwhile, the harmonized CPI, which is used to compare with other EU member states, surged 3.1% from a year earlier, following a 1% advance in the prior month. On a monthly basis, the CPI rose 0.5% in January, after a flat reading in December.
2024-02-08