The Netherlands' annual inflation rate surged to 3.4 percent in October of 2021 from 2.7 percent in the previous month, reaching the highest inflation rate since April 2002, due mainly to a jump in prices of electricity (39.6%), gas (30.6%), motor fuels (27.3%). Prices increased faster for housing (4.8% vs 3.3%), transport (11% vs 8.9%), recreation & culture (2.1% vs 2.0%), clothing and footwear (2.1% vs 0.2%), and furnishings & household equipment (3.4% vs 2.9%) while those of food and non-alcoholic beverages rebounded (0.3%, after being flat in September). The annual core inflation, which excludes energy, food, alcohol, and tobacco rose edged up to a four-month high of 1.8 percent in October from 1.7 percent in September. On a monthly basis, consumer prices were up 1.3 percent, the most since April 1997, accelerating from a 0.1 percent rise in the prior month. source: Statistics Netherlands
Inflation Rate in Netherlands averaged 3.15 percent from 1971 until 2021, 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 November of 2021.
Inflation Rate in Netherlands is expected to be 3.50 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 1.80 percent in 2022 and 1.60 percent in 2023, according to our econometric models.