Netherlands inflation increased to 5.2% in April
1 year, 7 months ago

Netherlands inflation increased to 5.2% in April

NL Times  

The rate at which prices are rising in the Netherlands increased again in April compared to a month earlier. Statistics Netherlands reported in a quick first estimate that inflation amounted to 5.2 percent last month. The average price increase of supermarket products was 13.2 percent last month, compared to 15.1 percent in March. To easily compare with other European countries, CBS also provides inflation figures according to the European harmonized method, which doesn’t include housing rents, among other things. As inflation is still above the target of 2 percent, the European Central Bank will likely keep raising interest rates.

Netherlands Price Month European Inflation Increased  price  prices  rates  inflation  increased  compared  52  goods  netherlands  european  month  rate  rose

History of this topic

CBS: Inflation hits 4% in November, matching preliminary estimates
1 week, 2 days ago

CBS: Inflation hits 4% in November, matching preliminary estimates

NL Times  

Consumer prices in the Netherlands rose by 4.0 percent in November compared to a year earlier, according to data confirmed by the Central Bureau of Statistics. This figure aligns with the preliminary estimate released on November 29 and marks an increase from October’s 3.5 percent inflation rate. While fuel prices were still 1.5 percent lower than a year earlier, the …

Dutch economy should grow 1.5% next year, but inflation will remain high, says ABN Amro
3 weeks, 2 days ago

Dutch economy should grow 1.5% next year, but inflation will remain high, says ABN Amro

NL Times  

The Dutch economy will continue to grow in the next two years although the pace of this will slow slightly. American import duties will slow the growth somewhat in the second half of next year. In 2025, growth will reach 1.5 percent, after which this will slow down due to the introduction of American import duties. But historically high wage …

Dutch inflation jumped to 4 percent in November
3 weeks, 4 days ago

Dutch inflation jumped to 4 percent in November

NL Times  

Inflation in the Netherlands rose sharply in November to 4 percent on an annual basis, Statistics Netherlands reported in a quick estimate. Food, beverages, and tobacco prices rose sharply again this month by 6.2 percent compared to a year earlier. Dutch inflation based on the European harmonized calculation method rose to 3.8 percent in November, from 3.3 percent in October. …

Dutch economy grew 0.8 percent in third quarter
1 month, 1 week ago

Dutch economy grew 0.8 percent in third quarter

NL Times  

The Dutch economy grew by 0.8 percent in the third quarter of this year compared to the previous quarter, Statistics Netherlands reported on Thursday based on an initial calculation for the months of July to September. It also adjusted growth in the second quarter slightly higher: instead of 1 percent, the gross domestic product increased by 1.1 percent in that …

Inflation stable at 2.7 percent in May
6 months, 3 weeks ago

Inflation stable at 2.7 percent in May

NL Times  

Inflation in the Netherlands amounted to 2.7 percent in May, Statistics Netherlands reported in a quick estimate. Industrial goods, excluding energy and motor fuels, saw a price decline of 1.8 percent, compared to a decline of 0.8 percent in April. Dutch inflation based on the European harmonized method was 2.7 percent in May, compared to 2.6 percent in April. Nevertheless, …

Higher prices push Dutch supermarket revenue past €50 billion
11 months ago

Higher prices push Dutch supermarket revenue past €50 billion

Dutch News  

Higher prices, not increased consumption, have pushed supermarket revenue past the €50 billion mark for the first time, figures from market research bureau NielsenIQ quoted by news media have shown. Supermarkets said the the increase in energy costs and higher wages have been driving higher prices, as well as higher costs for raw materials. Almost 46% of all articles sold …

Dutch inflation rate falls to 3.8 percent in 2023, compared to 10 percent in 2022
11 months, 2 weeks ago

Dutch inflation rate falls to 3.8 percent in 2023, compared to 10 percent in 2022

NL Times  

The annual inflation rate in the Netherlands was estimated at 3.8 percent in 2023, according to the first calculation from Statistics Netherlands. In December, this rate of inflation was still 3.4 percent, compared to 4.2 percent a month earlier and 8.1 percent at the peak in February and March. In December, inflation including the energy bill amounted to 1.2 percent …

Dutch stats office confirms inflation reversal of -0.4% despite food price hike of 8%
1 year, 1 month ago

Dutch stats office confirms inflation reversal of -0.4% despite food price hike of 8%

NL Times  

Statistics Netherlands confirmed that the Netherlands saw consumer prices drop by 0.4 percent in October. Food prices were still 7.9 percent higher than a year ago, the stats office said. “The fact that inflation was negative in October is entirely because energy prices were particularly high in October 2022,” CBS said. “Excluding energy, inflation was 5.1 percent.” The price development …

Dutch economic growth projections slashed in revised European forecast
1 year, 3 months ago

Dutch economic growth projections slashed in revised European forecast

NL Times  

The European Commission has significantly lowered expectations for economic growth in the Netherlands this year. In its summer forecast, the executive body of the European Union now says it expects growth of just 0.5 percent for the Netherlands in 2023. Because many wages have now been significantly increased and inflation is gradually decreasing, consumption will not decline further in the …

Dutch economy to grow slightly this year despite recession: ABN Amro
1 year, 3 months ago

Dutch economy to grow slightly this year despite recession: ABN Amro

NL Times  

ABN Amro expects the Dutch economy to grow slightly by 0.5 percent this year. Rising interest rates due to central bank interest rate increases also have a slowing effect because, for example, it makes borrowing more expensive. In addition, the European Central Bank’s target for inflation of 2 percent remains out of sight, according to ABN Amro. ABN Amro also …

Inflation falls to 3% in August but "shrinkflation" seen in food
1 year, 3 months ago

Inflation falls to 3% in August but "shrinkflation" seen in food

Dutch News  

Inflation has fallen to 3% in August thanks largely to a dramatic drop in fuel prices, reports the CBS Dutch statistics office. Since June, the CBS has used a new method to work out inflation – although it is plotting the figures from the different calculation on the same chart. The new method was intended to more accurately reflect the …

Inflation falls to 3% in August but "shrinkflation" seen in food
1 year, 3 months ago

Inflation falls to 3% in August but "shrinkflation" seen in food

Dutch News  

Inflation has fallen to 3% in August thanks largely to a dramatic drop in fuel prices, reports the CBS Dutch statistics office. Since June, the CBS has used a new method to work out inflation – although it is plotting the figures from the different calculation on the same chart. The new method was intended to more accurately reflect the …

Dutch inflation rate is a “fake reality,” says Rabobank economist
1 year, 3 months ago

Dutch inflation rate is a “fake reality,” says Rabobank economist

NL Times  

The inflation figure published by Statistics Netherlands on Thursday does not match what people are actually feeling at this moment, said Rabobank RaboResearch economist Hugo Erken. “It’s a fake reality.” Provisional figures about annual inflation for August were published by Statistics Netherlands on Thursday. The statistics office now also uses the rates for longer-term contracts, and is not adjusting old …

Big drop in annual inflation; Down to 4.4% in March
1 year, 8 months ago

Big drop in annual inflation; Down to 4.4% in March

NL Times  

The rate at which prices are rising in the Netherlands fell sharply in March compared to a month earlier. Statistics Netherlands reported in a first estimate that inflation amounted to 4.4 percent this month. Prices of industrial goods rose by 8.8 percent, compared to 8.7 percent in February. To make a good comparison with other European countries, CBS also calculated …

Food prices jump 18.4% in a year; Clothing 11.8% more expensive
1 year, 9 months ago

Food prices jump 18.4% in a year; Clothing 11.8% more expensive

NL Times  

Food in the Netherlands cost 18.4 percent more in February than a year earlier. While energy prices are no longer skyrocketing, the higher energy prices still indirectly contribute to inflation, ABN Amro economist Aggie van Huisseling told RTL Nieuws. And gas prices are still higher than a year ago, Van Huisseling explained. Higher clothing prices also drove up inflation, but …

Inflation climbing again; Up to 8 percent in February
1 year, 9 months ago

Inflation climbing again; Up to 8 percent in February

NL Times  

The rate at which prices are rising in the Netherlands increased in February compared to a month earlier. Inflation amounted to 8 percent last month, Statistics Netherlands reported in a quick first estimate. The average price increase of supermarket products was 15.1 percent last month, compared to 14.5 percent in January. To easily compare its figures with other European countries, …

ING expects Dutch home prices to fall even further in 2023
1 year, 9 months ago

ING expects Dutch home prices to fall even further in 2023

NL Times  

Economists at ING predicted an even stronger fall in home prices than previously reported. The main cause of the fall this year will be the strong rise in mortgage interest rates, which rose by an average of 3 percentage points in 2022, according to ING. But according to ING economists, other developments in the housing market have made it more …

Annual inflation rate fell for 4th straight month to 7.6 percent
1 year, 10 months ago

Annual inflation rate fell for 4th straight month to 7.6 percent

NL Times  

Inflation in the Netherlands dropped to 7.6 percent in January, the fourth consecutive month of lower inflation than the month before, Statistics Netherlands reported on Thursday. “In January 2023, energy was 3.4 percent cheaper than in the same month last year. In December 2022, energy was still 52 percent more expensive than one year previously.” Energy is a significant contributor …

European inflation eases for 3rd month but prices still bite
1 year, 10 months ago

European inflation eases for 3rd month but prices still bite

Associated Press  

LONDON — Europe’s inflation rate dipped at the start of the year, giving some relief to consumers but still leaving them facing higher prices that have driven protests and will likely press the European Central Bank into another interest rate hike Thursday. Russia’s war in Ukraine has shaken up food and energy markets, and while commodity prices have fallen from …

Inflation dropped to 7.6 percent in January
1 year, 10 months ago

Inflation dropped to 7.6 percent in January

NL Times  

The pace at which prices are rising in the Netherlands decreased again in January compared to a month earlier. Inflation fell to 7.6 percent last month, Statistics Netherlands reported in a first estimate. Prices for these products increased 14.5 percent on average last month, compared to 14 percent in December. In order to make a good comparison with other European …

Housing prices to fall 8% in EU with “years of declining” prices in Netherlands
1 year, 11 months ago

Housing prices to fall 8% in EU with “years of declining” prices in Netherlands

NL Times  

Home prices in the Eurozone will fall in the next two years, and the Netherlands and Germany will be hit hardest with a fall of around -8 percent by the end of 2024, according to credit insurer Allianz Trade. “After ten years, this is now coming to an end, and we are heading for years of decline.” In Sweden, home …

Inflation dropped to 14.3% in October
2 years, 1 month ago

Inflation dropped to 14.3% in October

NL Times  

According to Statistics Netherlands’ own calculation, inflation in the Netherlands fell slightly to 14.3 percent in October from 14.5 percent in September. According to CBS, energy - gas, electricity, and district heating - was 173 percent more expensive in October than in the same month a year earlier. In addition to the general inflation figure, CBS also calculated what inflation …

Dutch inflation climbs to record 12%
2 years, 3 months ago

Dutch inflation climbs to record 12%

NL Times  

Inflation in the Netherlands rose to 12 percent in August, from 10.3 percent a month earlier. The ever-rising inflation puts pressure on the European Central Bank to raise interest rates even more. Several bank policymakers, including President Klaas Knot of De Nederlandsche Bank and Joachim Nagel of the Bundesbank, have argued for a stronger interest rate hike against the high …

Dutch inflation jumps to 13.6%; To remain high for a while: DNB president
2 years, 3 months ago

Dutch inflation jumps to 13.6%; To remain high for a while: DNB president

NL Times  

Daily life in the Netherlands was 13.6 percent more expensive in August than the same month last year, Statistics Netherlands reported. “But even if this slowdown does come, it alone won’t be enough to get inflation toward our medium-term target.” At the same time, Knot Because of all these issues, Knot, who is known as a hawk within the European …

Dutch housing price increase continues to slow down; Prices up 14.5% since last July
2 years, 4 months ago

Dutch housing price increase continues to slow down; Prices up 14.5% since last July

NL Times  

The pace of the increase in Dutch housing prices is slowing down, according to figures from Statistics Netherlands. In July, the organization noticed that the price increase was considerably lower for the second month in a row, while again far fewer homes were sold. The national Land Registry recorded 16,417 residential transactions last month, almost 14 percent less than a …

New energy contract €4,000 more expensive than a year ago
2 years, 4 months ago

New energy contract €4,000 more expensive than a year ago

NL Times  

Netherlands residents who have to conclude a new energy contract will pay almost 6,500 euros for gas and electricity annually. Energy prices have been rising since May last year, but the Russian invasion of Ukraine exacerbated the increase significantly. For gas, that was 80 cents per cubic meter, and those rates are already rising from 2.50 to 3 euros per …

Netherlands price rises increasingly persistent, widespread: ABN Amro
2 years, 4 months ago

Netherlands price rises increasingly persistent, widespread: ABN Amro

NL Times  

High energy prices are making more and more products and services in the Netherlands more expensive, and the price increases are becoming more persistent, economists at ABN Amro said in response to new inflation figures from Statistics Netherlands. ABN Amro’s experts believe that energy prices will remain high until the end of 2023. “We assume that this can take until …

Dutch inflation above 10% for first time since 1975
2 years, 4 months ago

Dutch inflation above 10% for first time since 1975

NL Times  

Inflation in the Netherlands climbed above 10 percent for the first time since 1975, Statistics Netherlands reported based on its own calculation method. According to the stats office, consumer goods and services were 10.3 percent more expensive in July than in the same month last year. All this led to housing rents rising by 3 percent last month compared to …

Wages still rising, but well below inflation
2 years, 4 months ago

Wages still rising, but well below inflation

NL Times  

Wages om the Netherlands increased by 3.4 percent last month on average, according to preliminary figures from the employers’ association AWVN. While salaries are still rising, the increases are well below inflation in the Netherlands, which amounted to 11.6 percent last month according to the European harmonized method. At 3.4 percent, the wage increase in July was slightly lower than …

Netherlands home prices up 16.6%; Lowest increase in a year
2 years, 5 months ago

Netherlands home prices up 16.6%; Lowest increase in a year

NL Times  

Existing owner-occupied home prices in the Netherlands were 16.6 percent higher in June than the year before, the lowest increases since July 2021. Compared to June 2013, home prices were over 98 percent higher last month. Earlier this month, the realtors association NVM also reported that home price increases are slowing down as the supply in the housing market is …

9.4% inflation expected for Netherlands in 2022
2 years, 5 months ago

9.4% inflation expected for Netherlands in 2022

NL Times  

The average inflation in the Netherlands will be 9.4 percent this year, the European Commission expects. According to the daily management of the EU, inflation will drop to an annual average of 3.3 percent, but economic growth will remain limited to 1 percent. The Commission estimates inflation in 2023 at 4 percent for all euro countries and adjusted economic growth …

Netherlands in top 4 EU countries with fastest rising home prices
2 years, 5 months ago

Netherlands in top 4 EU countries with fastest rising home prices

NL Times  

The Netherlands is one of the European Union’s leading countries when it comes to increasing house prices. According to data from Statistics Netherlands and the European statistical office Eurostat, housing prices only increased more in the Czech Republic, Estonia, and Hungary. House prices in the Netherlands rose on average by 19.5 percent compared to the first quarter of last year. …

Inflation eases to 8.6%, bucking EU trend, but food bills keep rising
2 years, 5 months ago

Inflation eases to 8.6%, bucking EU trend, but food bills keep rising

Dutch News  

Inflation eased slightly to 8.6% in June, but households continued to feel the pinch as food prices went up by 11.2% in the past year, official figures show. The statistics agency CBS said inflation was down from 8.8% in May and a peak of 9.7% in March, mainly because gas and electricity prices are rising less quickly than they were …

Inflation eases to 8.6%, bucking EU trend, but food bills keep rising
2 years, 5 months ago

Inflation eases to 8.6%, bucking EU trend, but food bills keep rising

Dutch News  

Inflation eased slightly to 8.6% in June, but households continued to feel the pinch as food prices went up by 11.2% in the past year, official figures show. The statistics agency CBS said inflation was down from 8.8% in May and a peak of 9.7% in March, mainly because gas and electricity prices are rising less quickly than they were …

Dutch home price increases slowing down as supply rises: realtors
2 years, 5 months ago

Dutch home price increases slowing down as supply rises: realtors

NL Times  

The number of homes for sale in the Netherlands increased sharply last quarter, and the rise in house prices is slowing down. Real estate agencies affiliated with the NVM had over 25,300 homes for sale at the end of June, 42 percent more than a year ago and over half more than the first quarter. The absolute madness seems to …

Sweden sees highest inflation rate since 1991
2 years, 7 months ago

Sweden sees highest inflation rate since 1991

Associated Press  

COPENHAGEN, Denmark — Inflation in Sweden increased last month to its highest level since 1991, officials said Thursday, as countries worldwide grapple with surging prices exacerbated by Russia’s war in Ukraine. There was a “continued widespread price increase in April, including food, household equipment, restaurant visits and hotels,” statistician Mikael Nordin said. Statistics Sweden said food prices increased, with meat …

Inflation hits record high of 7.5% in countries using euro
2 years, 7 months ago

Inflation hits record high of 7.5% in countries using euro

Associated Press  

BRUSSELS — Inflation hit a record in April for the 19 countries that use the euro as skyrocketing fuel prices boosted by the war in Ukraine weigh on the region’s economic recovery from the coronavirus pandemic. Eurostat said energy prices jumped 38%, an indication of how Russia’s invasion of Ukraine is affecting the eurozone’s 343 million people. Eurostat said economic …

Dutch housing prices rising twice as fast as EU average
2 years, 8 months ago

Dutch housing prices rising twice as fast as EU average

NL Times  

Home prices in the Netherlands were 18.7 percent higher in the last quarter of 2021 than a year earlier. The price increase was almost double the European Union average of 10 percent and puts the Netherlands in the top five EU countries with the fastest increasing home prices, Statistics Netherlands reported. In the fourth quarter of 2021, newly-built homes were …

More evidence of soaring inflation as CBS puts March rate at 9.7%
2 years, 8 months ago

More evidence of soaring inflation as CBS puts March rate at 9.7%

Dutch News  

The rate of inflation in the Netherlands has risen to 9.7% when calculated according to Dutch methods, 2.2 percentage points below the harmonized European figure. The current rate is the highest since April 1976, national statistics office CBS said on Thursday. The European method, which excludes rental housing costs, makes it possible to compare inflation within the eurozone, where the …

More evidence of soaring inflation as CBS puts March rate at 9.7%
2 years, 8 months ago

More evidence of soaring inflation as CBS puts March rate at 9.7%

Dutch News  

The rate of inflation in the Netherlands has risen to 9.7% when calculated according to Dutch methods, 2.2 percentage points below the harmonized European figure. The current rate is the highest since April 1976, national statistics office CBS said on Thursday. The European method, which excludes rental housing costs, makes it possible to compare inflation within the eurozone, where the …

Inflation will remain high until 2023: Dutch central bank president
2 years, 10 months ago

Inflation will remain high until 2023: Dutch central bank president

NL Times  

The Netherlands and the eurozone will likely still be affected by high inflation at least into the summer of 2023, according to the president of the central bank of the Netherlands. President Klaas Knot of DNB estimates that the period of increased inflation will last more than a year and assumes that the European Central Bank will hike interest rates …

Dutch housing prices increased at fourth-fastest rate in EU
2 years, 11 months ago

Dutch housing prices increased at fourth-fastest rate in EU

NL Times  

The Netherlands is in the top five EU countries where home prices increased the most. In the Netherlands, they became almost 17 percent more expensive, according to European stats agency Eurostat. The supply of owner-occupied homes in the Netherlands is dwindling rapidly, the Dutch Association of Real Estate Agents reported earlier this week. Low interest rates probably also factor in …

High energy, food prices pushed Dutch inflation to 5.7%
2 years, 11 months ago

High energy, food prices pushed Dutch inflation to 5.7%

NL Times  

Inflation rose to 5.7 percent on an annual basis in December. According to CBS, energy was almost 75 percent more expensive in the last month of the year than a year earlier. Refueling in December was on average 27.8 percent more expensive than the previous year, compared to 33.1 percent in November. Staying in a bungalow park was 7.1 percent …

Home prices increased over 20 percent in November
3 years ago

Home prices increased over 20 percent in November

NL Times  

House prices in the Netherlands increased by more than a fifth last month compared to November last year. Statistics Netherlands has been keeping track of this data on house prices since 1995. The last time there was a higher price increase in a quarter than the 20.1 percent of last month was in 1977. Home prices rose sharply in the …

Home sales dropping as house prices continue to soar
3 years, 2 months ago

Home sales dropping as house prices continue to soar

NL Times  

For the second consecutive quarter, the number of existing homes sold in the Netherlands was lower than the previous year, dropping 13.4 percent. Home prices continued to increase, climbing 17.5 percent on average compared to the third quarter of 2020, Statistics Netherlands reported. In the third quarter of this year, the Land Registry recorded 53,875 residential transactions - 13.4 percent …

Netherlands inflation up to 2.7 percent
3 years, 2 months ago

Netherlands inflation up to 2.7 percent

NL Times  

Inflation in the Netherlands stood at 2.7 percent in September on an annual basis. Prices for goods and services increased a bit faster than a month earlier when life became 2.4 percent more expensive for consumers on average. According to the European measurement method, goods and services in the Netherlands were 3 percent more expensive last month than a year …

Netherlands sees biggest existing home price increase in two decades
3 years, 5 months ago

Netherlands sees biggest existing home price increase in two decades

NL Times  

In the first quarter of 2021, the average price for existing owner-occupied homes increased 10.3 percent compared to a ear earlier, the highest increase in nearly 20 years. The average price for a newly built owner-occupied home was 16.9 percent higher than in the first quarter last year - the biggest increase since 2015, Statistics Netherlands reported on Monday. In …

Dutch home prices up record 11.5 percent in a year
3 years, 7 months ago

Dutch home prices up record 11.5 percent in a year

NL Times  

The average price of a home in the Netherlands was 11.5% higher in April compared to a year earlier, research done by Statistic Netherlands showed. Home prices have been steadily increasing for nearly eight years now, owing in part to the ongoing housing shortage. CBS suggested such a dramatic difference was likely a result of the removal of property transfer …

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