The inflation rate in the Netherlands rose to 2.6 percent year-on-year in February of 2019 from 2.2 percent in the previous month. It was the highest inflation rate since August 2013, as transport prices increased by 2.9 percent after a flat reading in January. In addition, prices went up faster for furnishing and household equipment (1.4 percent vs 1.1 percent); recreation and culture (0.5 percent vs 0.3 percent); clothing and footwear (4.8 percent vs 3.8 percent), and restaurants and hotels (3.4 percent vs 3.2 percent). On the other hand, housing and utilities inflation was steady (at 4.3 percent) while food and non-alcoholic beverages prices rose softer (2.9 percent vs 3.0 percent). Annual core inflation, which excludes energy, food, alcohol, and tobacco increased to 1.9 percent in February from 1.5 percent in the prior month. On a monthly basis, consumer prices went up up 0.9 percent, after a 0.1 percent rise in the previous month. Inflation Rate in Netherlands averaged 3.22 percent from 1971 until 2019, 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 1.90 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 1.80 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.