Inflation rate marginally higher in September

  • Airline tickets and clothes more expensive
  • Petrol and food prices lower

According to the most recent figures released by Statistics Netherlands, the inflation rate in the Netherlands rose marginally in September 2009 to 0.4 percent, i.e. 0.1 percentage points higher than last month and 0.2 percentage points higher than in July.

The modest increase is predominantly caused by higher prices for airline tickets and clothes. Television sets and audio equipment also became more expensive.

The increase was tempered by lower food and petrol prices. Food prices were 1.2 percent cheaper than in September last year. Vegetable and meat prices dropped significantly. The price of petrol was 10 percent down on one year previously.

The Dutch inflation rate according to the European harmonised method (HICP) was 0.0 percent. In July and August, it was -0.1 percent. Eurostat anticipates an inflation rate of -0.3 percent in September. The gap between inflation in the Netherlands and in the eurozone grows again to 0.3 percentage points. Last month, the gap narrowed to 0.1 percentage points.

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