The Netherlands information rate as of the end of August
The Netherlands' annual inflation rate surged to 12.0% in August 2022 from 10.3% a month earlier. It was the quickest rise in consumer prices since the series began in 1971, mainly boosted by higher prices in energy (151.4% vs 108%), largely due to electricity (149.6%), gas (170.1%). Also, prices of food and non-alcoholic beverages rising the most on record for second month (13.0% vs 12.2% in July), largely due to oils & fats, milk, cheese and eggs; and coffee, tea, and cocoa. Additional upward pressures also came from prices of housing (22.7% vs 16.8%), clothing and footwear (3.3% vs 1.9%), furnishings & household equipment (8.8% vs 8.6%), and recreation & culture (4.0% vs 4.3%). The annual core inflation, which excludes energy, food, alcohol, and tobacco climbed to a new record high of 5.0% in August from July’s of 4.9%. On a monthly basis, consumer prices were up by 2.0% in August, following a 2.1% rise in July, which was the highest inflation rate since April 1976. source: Statistics Netherlands
Read more at: https://tradingeconomics.com/netherlands/inflation-cpi
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