The Netherlands' annual inflation rate jumped to 10.3 percent in July 2022 from 8.6 percent a month earlier. It was the fastest rise in consumer prices since September 1975, with cost of food and non-alcoholic beverages rising the most on record (12.2% vs 11.1% in June), largely due to oils & fats, milk, cheese and eggs, meat, and fish & seafood. Additional upward pressures also came from prices of energy (108% vs 83.5%), housing (16.8% vs 11.3%), clothing and footwear (1.9% vs 0.8%), furnishings & household equipment (8.6% vs 9.8%), and recreation & culture (4.3% vs 3.2%). The annual core inflation, which excludes energy, food, alcohol, and tobacco climbed to a record peak of 4.9% in July from 3.7% in June. On a monthly basis, consumer prices increased by 2.1 percent in July, the most since April 1976, after being flat in June. source: Statistics Netherlands
Inflation Rate in Netherlands averaged 3.22 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 August 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.