Dutch July Inflation Revised Slightly Up to 3.2%

2026-08-11 04:42 By Judith Sib-at 1 min. read

The annual inflation rate in the Netherlands for July 2026 was revised slightly upward to 3.2% from a preliminary estimate of 3.1%, compared with 2.9% in June.

The main upward pressure came from a faster increase in transport costs (8.6% vs 6.9% in June), driven primarily by higher motor fuel prices (22% vs 17.3%) amid renewed tensions in the Middle East.

Inflation in housing and utilities also edged up (3.8% vs 3.6%), mainly due to a rebound in energy costs (1.1% vs -1.8%).

Other price increases were recorded in recreation, sports and culture (3.2% vs 2.6%) and restaurants and hotels (4.6% vs 4.2%).

Meanwhile, prices for food and alcoholic beverages (-0.4% vs -0.5%) and information and communication (-1.1% vs -1.4%) continued to decline, albeit at a slower pace.

On a monthly basis, consumer prices rose 1.6%, the biggest increase since September 2022, rebounding from a 0.6% fall in the previous month.

Annual inflation measured by the HICP picked up to 3.0% in July from 2.5% in June.



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Dutch July Inflation Revised Slightly Up to 3.2%
The annual inflation rate in the Netherlands for July 2026 was revised slightly upward to 3.2% from a preliminary estimate of 3.1%, compared with 2.9% in June. The main upward pressure came from a faster increase in transport costs (8.6% vs 6.9% in June), driven primarily by higher motor fuel prices (22% vs 17.3%) amid renewed tensions in the Middle East. Inflation in housing and utilities also edged up (3.8% vs 3.6%), mainly due to a rebound in energy costs (1.1% vs -1.8%). Other price increases were recorded in recreation, sports and culture (3.2% vs 2.6%) and restaurants and hotels (4.6% vs 4.2%). Meanwhile, prices for food and alcoholic beverages (-0.4% vs -0.5%) and information and communication (-1.1% vs -1.4%) continued to decline, albeit at a slower pace. On a monthly basis, consumer prices rose 1.6%, the biggest increase since September 2022, rebounding from a 0.6% fall in the previous month. Annual inflation measured by the HICP picked up to 3.0% in July from 2.5% in June.
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The annual inflation rate in the Netherlands picked up to 3.1% in July 2026 from 2.9% in the previous month, according to preliminary estimates. Price growth accelerated for energy, including motor fuels, rising to 9.7% from 6.0% in June, amid a resurgence in global energy costs after the Middle East conflict escalated during the month. Inflation also edged higher for industrial goods excluding energy and motor fuels (0.8% vs. 0.7%). Meanwhile, price growth for services remained unchanged at 4.1%, while inflation for food, beverages, and tobacco was also unchanged at 0%. The index for consumption abroad increased 4.8% year-on-year, easing from a 5.7% rise in the previous month. On a monthly basis, consumer prices are expected to jump 1.6%, following a 0.6% decline in June. HICP-based annual inflation, which excludes owner-occupied housing costs, came in at 2.9% in July, up from 2.5% in June.
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The annual inflation rate in the Netherlands eased to 2.9% in June 2026, confirming preliminary estimates and down from a one-year high of 3.5% in May. The slowdown was largely driven by transport inflation, which eased to 6.9% from 9.9% amid lower motor fuel prices as global oil prices declined. Inflation also moderated for health (0.7% vs. 0.8%), recreation and culture (2.6% vs. 2.8%), and restaurants and hotels (4.2% vs. 6.5%). Meanwhile, prices declined for food and non-alcoholic beverages (-0.5% vs. 0.1%), clothing and footwear (-0.5% vs. 0.4%), and information and communication (-1.4% vs. -0.8%). In contrast, price growth edged up for housing and utilities (3.6% vs. 3.5%) and rebounded for household goods and services (0.3% vs. -0.3%). On a monthly basis, consumer prices fell 0.6%, the first decline since January, following a 0.1% increase in May. Annual HICP inflation, which excludes owner-occupied housing, eased to 2.5% from 3.4% in May.
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