The Netherlands' annual inflation rate increased to 1.0 percent in December 2020 from 0.8 percent in the previous month, due to a faster rise in prices of both recreation & culture (1.9% vs 1.3%) and furnishings & household equipment (2.3% vs 1.4%), while housing inflation was steady (at 0.8%) and transport prices fell less (-2.3% vs -3.2%). Meantime, food and non-alcoholic beverages inflation eased to a 26-month low of 0.6 percent in December from 0.8 percent in November. By contrast, clothing and footwear prices fell 2 percent, after a flat reading in the prior month. Considering 2020 full year, inflation rate averaged 1.3 percent, down from 2.6 percent in 2019. The annual core inflation, which excludes energy, food, alcohol, and tobacco increased to 1.7 percent in December from a four-month low of 1.5 percent in November. On a monthly basis, consumer prices were up 0.2 percent, after a 0.8 percent fall in the prior month. source: Statistics Netherlands
Inflation Rate in Netherlands averaged 3.17 percent from 1971 until 2020, reaching an all time high of 11.19 percent in November of 1974 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 February of 2021.
Inflation Rate in Netherlands is expected to be 0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Netherlands to stand at 1.50 in 12 months time. In the long-term, the Netherlands Inflation Rate is projected to trend around 1.70 percent in 2022, according to our econometric models.