Dutch Inflation Rises To 3.4% In September
Energy costs jumped 13.9% and services inflation rose, pushing Dutch consumer prices to their highest level in four months, preliminary figures showed.
- Dutch consumer price inflation reached 3.4 percent in September, the highest level in four months, according to preliminary figures released Thursday by the Central Bureau of Statistics.
- A 13.9 percent surge in energy costs, including motor fuels, primarily drove the upward trend. Inflation based on services simultaneously rose to 3.9 percent from 3.7 percent.
- Industrial goods became 1.5 percent pricier during the month, while prices for food and beverages dropped 1.2 percent, providing partial offset to broader inflationary pressures.
- Prices have been consistently rising since November 2023. September's 3.4 percent figure accelerates from August's 3.3 percent annual increase, extending the upward pressure.
- Central Bureau data reflects ongoing economic challenges as varying sectoral performance—from surging energy to declining food costs—illustrates the complex nature of the current inflationary environment.
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11 Articles
Dutch Inflation Rises To 3.4% In September
Dutch consumer price inflation increased slightly in September to the highest level in four months. Consumer prices logged an annual increase of 3.4 percent in September, faster than the 3.3 percent rise in August. A 13.9 percent surge in energy costs, including motor fuels, primarily drove the upward trend in inflation. On a monthly basis, consumer prices edged up 0.1 percent.
Inflation in the Netherlands rose to 3.4 percent in September. Sharply increased fuel prices, in particular, are pushing inflation up, reports Statistics Netherlands based on an initial estimate.
High fuel prices push Dutch inflation to 3.4 percent in September
Inflation in the Netherlands rose to 3.4 percent in September, according to a quick estimate by Statistics Netherlands (CBS). High fuel prices are driving the increase. In August, inflation was 3.3 percent compared to a year earlier.This is the second-highest level inflation has reached this year. It was only higher in May at 3.5 percent. Oil prices have surged due to the war in the Middle East, a trend reflected at the gas station. Prices for p…
Due to rising fuel prices, inflation turned out slightly higher again last month, at 3.4 percent. This is evident from the first CBS forecast for September. In August, the increase was 3.3 percent compared to a year earlier. In addition to fuels, according to chief economist Peter Hein van Mulligen, it is increasingly evident that other energy sources, such as electricity, are also becoming more expensive. "In the first half of the year, it was …
Inflation in the Netherlands rose to 3.4 percent in September, according to a quick estimate by Statistics Netherlands (CBS). The increase is primarily due to high fuel prices. In August, inflation was 3.3 percent compared to a year earlier.
Inflation in the Netherlands rose to 3.4 percent in September, according to a quick estimate by Statistics Netherlands (CBS). The increase is primarily due to high fuel prices. In August, inflation was 3.3 percent compared to a year earlier.
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