Dutch Inflation Confirmed At 6-Month High

(RTTNews) – Consumer price inflation in the Netherlands accelerated to its highest level in six months, as initially estimated at the start of the year, final data from the Central Bureau of Finance showed on Thursday. statistics.

The consumer price index rose 3.2% year-on-year in January, faster than the 1.2% rise recorded in December. This is consistent with flash data released on February 1.

This is the highest rate since July 2023, when prices increased by 4.6 percent.

A smaller drop in energy prices had an upward effect on inflation. In January, energy was 9.2 percent cheaper than last year, but in December prices were still 42.1 percent lower than in the same month the previous year.

Excluding energy and fuels, inflation was 3.5 percent in January compared to 3.4 percent the previous month.

On a monthly basis, consumer prices rose 0.5 percent in January, as expected.

Inflation based on the harmonized index of consumer prices, or HICP, also jumped to 3.1 percent in January from 1.0 percent the previous month, confirming the flash data.

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