The Netherlands' annual inflation rate declined to 8.8 percent in May of 2022 from 9.6 percent in the previous month, pointing to the lowest level in three months, amid a softer rise in energy prices (105% vs 136% in April). Prices increased less for both housing (13.9% vs 17.8%) and recreation & culture (3.1% vs 3.8%). Meanwhile, prices continued to rise for food and non-alcoholic beverages (9.2% vs 8.4%), transport (15.7% vs 13.6%), furnishings & household equipment (8.4% vs 8.0%), clothing and footwear (3.8% vs 3.2%). The annual core inflation, which excludes energy, food, alcohol, and tobacco climbed to an over 20-year high of 3.6% from April's of 3.5%. On a monthly basis, consumer prices fell 0.6%, the first monthly decrease in 17 months, reversing from a 0.3% rise in the prior month. source: Statistics Netherlands
Inflation Rate in Netherlands averaged 3.20 percent from 1971 until 2022, 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 June of 2022.
Inflation Rate in Netherlands is expected to be 9.50 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 3.60 percent in 2023 and 2.60 percent in 2024, according to our econometric models.