Netherlands Inflation Rate

Last Release

Jan 31, 2025

Actual

3.3

Units In

4.1

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 %	1971-2025	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 3.3% in January 2025, the lowest since June last year, confirming initial estimates and easing from 4.1% in December. The main downward pressure came from slower inflation in housing and utilities (3.6% vs. 4.4% in December), driven by a 4% drop in energy prices, which had risen 0.5% in the previous month. Additionally, price growth moderated for transport (1.2% vs. 2.2%) and recreation and culture (1.8% vs. 2.6%), while costs continued to decline for upholstery and household appliances (-1.2% vs. -1.7%). In contrast, food inflation accelerated to 3.5% from 3% in December. On a monthly basis, consumer prices fell 0.2%, reversing a 0.1% increase in December. Meanwhile, the harmonized CPI, used for EU-wide comparisons, rose 2.9% year-on-year in January, down from 3.9% in December.