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 Netherlands now has one of the highest rates. Wage rises have failed to keep pace with the surge in prices, going up by an average of 2.4% in the first three months of the year, the CBS said.

History of this topic

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