The Netherlands' annual inflation rate declined to 0.8 percent in November 2020, the least since August, from 1.2 percent in the previous month. Food and non-alcoholic beverages inflation slowed to a 27-month low of 0.8 percent in November from 1.1 percent in October. Also, recreation & culture inflation eased (1.3 percent vs 1.8 percent) while clothing and footwear inflation was flat, after increasing 3.9 percent in the prior month. Meanwhile, inflation was steady for both housing (at 0.8 percent) and furnishings & household equipment (at 1.4 percent). In addition, transport prices fell faster (-3.2 percent vs -2.9 percent). The annual core inflation, which excludes energy, food, alcohol, and tobacco dropped to a four-month low of 1.5 percent in November from 1.9 percent in October. On a monthly basis, consumer prices were down 0.8 percent, after a 0.5 percent rise 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 December of 2020.
Inflation Rate in Netherlands is expected to be 0.40 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 1.20 in 12 months time. In the long-term, the Netherlands Inflation Rate is projected to trend around 1.50 percent in 2021 and 1.70 percent in 2022, according to our econometric models.