Niederlande Verbraucherpreise

The annual inflation rate in the Netherlands was confirmed at 2.9% in July, easing from 3.1% in the previous month. This marked the lowest rate since May 2024, driven by slower price increases in housing and utilities (4.7% vs 4.9% in June) and alcoholic beverages and tobacco (1.8% vs 5.3%). However, inflation picked up for food and non-alcoholic beverages (4.7% vs 4.4%), transport (1.0% vs 0.8%), and upholstery and household appliances (3.4% vs 0.8%). Health inflation remained steady at 3.4%. Meanwhile, clothing and footwear prices declined at a faster pace (-1.8% vs -1.1%). Core inflation—which excludes energy, food, alcohol, and tobacco—slowed to 2.9% from 3.0% in the previous two months, marking the lowest level in 14 months. Monthly, CPI rose by 1.3% in July, the sharpest increase since the same month last year, following a flat reading in June. Meanwhile, harmonized consumer prices (used for EU comparisons) rose 2.5% year-on-year, down from a 2.8% gain in the prior period.