Inflation down slightly in September

• Petrol, diesel and air tickets cost less
• Eurozone inflation down again

Statistics Netherlands’ consumer price index put Dutch inflation at 3.1 percent in September. This is slightly down on August’s 3.2 percent. The decrease was mainly the result of developments in petrol prices.

Petrol cost on average 8 percent more in September than in the same month last year. In August, however, it cost 10 percent more than twelve months previously. The increase in diesel prices was also smaller than in August. In September it cost 19 percent more than last year, in August 25 percent more. This was the result of lower prices on the world oil market.

The price of air tickets also contributed to the lower inflation. Tickets cost 8 percent more in September this year than in the same month last year. In August they cost 20 percent more.

Dutch inflation calculated according to the European harmonised method (HICP) fell to 2.8 percent in September. According to estimates by Eurostat, inflation in the eurozone was 3.6 percent. Once again this is a decrease. The Netherlands still has the lowest rate of inflation in the eurozone.