Netherlands Inflation Rate

Last Release

Sep 30, 2024

Actual

3.5

Units In

3.6

Frequency

Monthly

Next Release

N/A

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
14.5 Sep 2022	-1.3 Feb 1987	3.3 %	1971-2024	Statistics Netherlands

In Netherlands, the most important categories in the consumer price index are: housing, water, electricity and gas (24.5 percent of the total weight); transport (11.6 percent) and food and non-alcoholic beverages (11.3 percent). The index also includes: recreation and culture (10.3 percent); furnishing and household equipment (6 percent); clothing and footwear (4.9 percent); hotels and restaurants (4.2 percent); communication (3.3 percent) and alcoholic beverages and tobacco (3.1 percent). Health, education and other goods and services account for the remaining 20.8 percent of total weight.

Latest Updates

The annual inflation rate in the Netherlands slowed to 3.5% in September 2024, edging down from 3.6% in the previous month, preliminary estimates showed. Prices continued to decline for energy including motor fuels (-6.1% vs -3.3% in August), while costs eased for services (5.6% vs 5.8%). On the other hand, inflation accelerated for food, beverages and tobacco (6% vs 5.6%), and costs rebounded for industrial goods (0.4% vs -0.9%). On a monthly basis, consumer prices are likely to fall 0.5%, after a prior 0.3% rise in August. In the meantime, the harmonized CPI, which is used to compare with other EU member states, is expected to rise 3.3% year-on-year, matching the same pace as in the preceding month.