Stable inflation rate

09/12/2010 15:00
  • Inflation remains at 1.6 percent
  • Inflation in Eurozone also stays the same

The inflation rate in November stood at 1.6 percent. The inflation rate has been fairly constant since July according to the latest figures by Statistics Netherlands.

Price changes of clothes pushed the inflation rate up slightly. Although clothes were one percent cheaper in November than a year ago, in October they had been 2.3 percent cheaper than a year ago. Price changes for various other products, such as petrol and flowers, pushed the inflation rate down slightly. So on balance the inflation rate remained at 1.6 percent.

According to the European harmonised method (HICP) Dutch inflation stood at 1.4 percent. According to Eurostat the inflation rate in the Eurozone was 1.9 percent. With this Eurozone inflation did not change either compared to October. Since January 2010 the Netherlands is one of the five Eurozone countries with the lowest inflation rate.


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