The annual inflation rate in the Netherlands stood at 2.7% in April 2024, unrevised from the preliminary estimates, easing from 3.1% in the previous month. It marked the softest inflation rate since last December, due to a slowdown in inflation of housing and utilities (1.6% vs 1.9% in March), transport (4.3% vs 4.6%), and recreation and culture (2.1% vs 2.7%). Meanwhile, food and non-alcoholic beverages prices continued to rise (1.2% vs 0.9%). Simultaneously, deflation accelerated for clothing and footwear (-0.9% vs -0.3%), and furnishing, household appliances & maintenance (-3.1% vs -2.4%). Meanwhile, the core inflation, which excludes energy, food, alcohol, and tobacco fell to a 26-month low of 2.5% in April from 3.0% in March. Meanwhile, the harmonized CPI, which is used to compare with other EU member states, advanced by 2.6% year-on-year, slowing from a 3.1% increase in March. On a monthly basis, consumer prices were up 0.7%, accelerating from a 0.5% growth in March. source: Statistics Netherlands
Inflation Rate in Netherlands decreased to 2.70 percent in April from 3.10 percent in March of 2024. Inflation Rate in Netherlands averaged 3.30 percent from 1971 until 2024, reaching an all time high of 14.50 percent in September of 2022 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 May of 2024.
Inflation Rate in Netherlands decreased to 2.70 percent in April from 3.10 percent in March of 2024. Inflation Rate in Netherlands is expected to be 2.70 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 2.00 percent in 2025 and 1.70 percent in 2026, according to our econometric models.