Inflation hits 4.1% as taxes, rent and energy increase in price
1 week ago

Inflation hits 4.1% as taxes, rent and energy increase in price

Dutch News  

Inflation rose marginally to 4.1% in December, according to an initial estimate from the national statistics agency CBS. Increased taxes on tobacco and alcohol, rent rises, and an increase in energy prices are behind the rise, the CBS said. The December rise puts inflation over 2024 as a whole at 3.3%, in line with 2023. Employers’ organisation AWVN said in Tuesday’s Telegraaf that salary rises agreed in last year’s pay deals amounted to around 5.3% on average, compared with 7.1% in 2023.

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History of this topic

CBS preliminary estimate: Dutch inflation rises to 4.1 percent in December
1 week, 1 day ago

CBS preliminary estimate: Dutch inflation rises to 4.1 percent in December

NL Times  

Inflation in the Netherlands rose to 4.1 percent in December, according to a preliminary estimate by Statistics Netherlands. The preliminary HICP for the Netherlands showed inflation at 3.9 percent in December, up slightly from 3.8 percent in November. Monthly inflation rates for 2024 showed a gradual increase over the year, starting at 3.2 percent in January and reaching 4.1 percent …

U.K. Inflation rises further above Bank of England's target in November
3 weeks, 6 days ago

U.K. Inflation rises further above Bank of England's target in November

The Hindu  

Inflation in the U.K. has risen to its highest level since March, driven by an increase in fuel prices last month, official figures showed on Wednesday. Rate-setters had anticipated a pick-up in inflation when the central bank last cut rates in early November as price pressures eased earlier in the year — in September, inflation had fallen to its lowest …

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

Inflation heated up last month as consumer prices rose 2.7%, underscoring the slog ahead
1 month ago

Inflation heated up last month as consumer prices rose 2.7%, underscoring the slog ahead

CNN  

CNN — Inflation heated back up again in November, but it likely wasn’t bad enough to keep the Federal Reserve from cutting rates next week. “We have some PTSD around egg prices from the pandemic and certainly lingering avian flu outbreaks; but those prices being up almost 40% year over year certainly is another thing people will look at in …

Dutch inflation jumped to 4 percent in November
1 month, 2 weeks 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. …

Inflation set to rise above 2% in first increase this year
5 months ago

Inflation set to rise above 2% in first increase this year

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Inflation is set to rise …

Inflation stable at 2.7 percent in May
7 months, 2 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, …

Inflation drops to 2.8 percent in February
10 months, 2 weeks ago

Inflation drops to 2.8 percent in February

NL Times  

Daily life became 2.8 percent more expensive in February compared to the same month last year, Statistics Netherlands reports in an initial estimate based on incomplete source data. In January, energy and fuels only became 2.5 percent cheaper. In February, energy and fuels actually became 1.1 percent more expensive. According to the European measuring method, which is slightly different from …

Higher tobacco and alcohol prices drive surprise rise in inflation – ONS
11 months, 4 weeks ago

Higher tobacco and alcohol prices drive surprise rise in inflation – ONS

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. This offset further falls in food prices, which fell …

Which everyday items have seen a rise in inflation – and where has it eased?
11 months, 4 weeks ago

Which everyday items have seen a rise in inflation – and where has it eased?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Average prices for cigarettes increased by 15.7% in the …

Inflation ticks UP to 4% in December after rises in tobacco and alcohol prices in surprise blow to hopes of early interest rate cuts - as Jeremy Hunt warns Britain must 'stick to the plan'
11 months, 4 weeks ago

Inflation ticks UP to 4% in December after rises in tobacco and alcohol prices in surprise blow to hopes of early interest rate cuts - as Jeremy Hunt warns Britain must 'stick to the plan'

Daily Mail  

Jeremy Hunt warned that Britain must 'stick to the plan' today as a surprise bump in inflation spooked markets. The headline CPI rate defied expectations of a dip in December, rising from 3.9 per cent to 4 per cent Chancellor Jeremy Hunt said today that inflation 'does not fall in a straight line' The figures show CPI rising for the …

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

Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled
1 year, 1 month ago

Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled

Associated Press  

LONDON — Europeans again saw some relief as inflation dropped more than expected to 2.4% in November, the lowest in over two years, as plummeting energy costs have eased a cost-of-living crisis but higher interest rates squeeze the economy’s ability to grow. The new figure is close to the European Central Bank’s inflation target of 2% following a rapid series …

Dutch stats office confirms inflation reversal of -0.4% despite food price hike of 8%
1 year, 2 months 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 …

Inflation falls to 3% in August but "shrinkflation" seen in food
1 year, 4 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, 4 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 …

Netherlands inflation increased to 5.2% in April
1 year, 8 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, …

Collective wages increased significantly, but still less than inflation
1 year, 9 months ago

Collective wages increased significantly, but still less than inflation

NL Times  

Wage increases in the collective bargaining agreements reached a new peak in the first quarter of 2023. But based on the currently available figures - January, February, and a first estimate for March - inflation amounted to around 6.6 percent in the first quarter. At 5.0 percent, the collectively bargained-for wage increase was almost twice as high as in the …

Big drop in annual inflation; Down to 4.4% in March
1 year, 9 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, 10 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 to remain high, economic growth will slow down, economists say
1 year, 10 months ago

Inflation to remain high, economic growth will slow down, economists say

NL Times  

Inflation in the Netherlands will remain stubbornly high, Rabobank economists noted in a new report about the Dutch economy. The economists said their forecasts are subject to uncertainty as “it is difficult to predict oil, gas, and electricity prices due to their volatility, and we cannot know for certain whether the government will support households and businesses next year, and …

Inflation climbing again; Up to 8 percent in February
1 year, 10 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, …

Annual inflation rate fell for 4th straight month to 7.6 percent
1 year, 11 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, 11 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, 11 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 …

Inflation drops sharply in Europe but some prices are still rising faster
2 years ago

Inflation drops sharply in Europe but some prices are still rising faster

CNN  

London CNN — Inflation in Europe continued to decline in December as energy prices rose at a slower pace. Prices across the 19 countries that used the euro in 2022 increased at an annual rate of 9.2% in December, the European Union’s statistical office said Friday. While energy inflation fell to 25.7% in December, compared to 34.9% in November, the …

Inflation in Europe drops for the first time in 17 months
2 years, 1 month ago

Inflation in Europe drops for the first time in 17 months

CNN  

London CNN Business — For the first time in 17 months, inflation in Europe is easing. In Germany, the bloc’s biggest economy, annual inflation slid to 11.3% from 11.6%, while price gains in France held steady at 7.1%, Wednesday’s data showed. While energy price inflation fell to roughly 35% year-over-year, compared to nearly 42% in October, prices for food, alcohol …

Big drop in inflation: 11.2% in November
2 years, 1 month ago

Big drop in inflation: 11.2% in November

NL Times  

The rate at which prices are rising in the Netherlands dropped sharply in November compared to the previous month. Inflation was still high, with daily life becoming 11.2 percent more expensive this month than a year earlier, Statistics Netherlands reported based on the European harmonized method. European Central Bank president Christine Lagarde warned earlier this week that inflation is unlikely …

Gloomier outlook for Dutch economy from OECD; Inflation to remain high till 2024
2 years, 1 month ago

Gloomier outlook for Dutch economy from OECD; Inflation to remain high till 2024

NL Times  

The Dutch economy will grow less than previously estimated, mainly due the inflation, which will remain high until at least the end of 2024, the Organization for Economic Cooperation and Development warned in its annual report for the Netherlands, NOS reports. Despite a 0.2 percent contraction in the third quarter, the OECD expects the Dutch economy to grow by 4.2 …

Inflation dropped to 14.3% in October
2 years, 2 months 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 …

Inflation hits new record in Europe, slowing economy
2 years, 2 months ago

Inflation hits new record in Europe, slowing economy

The Hindu  

Inflation hit a new record in the 19 countries that use the euro currency, fueled by out-of-control prices for natural gas and electricity due to Russia's war in Ukraine. While liquid gas succeeded in filling Europe's storage for the winter, the higher prices have made some industrial products such as steel or fertilizer expensive or simply unprofitable to make. Natural …

Inflation hits new record in Europe, slowing economy
2 years, 2 months ago

Inflation hits new record in Europe, slowing economy

Associated Press  

FRANKFURT, Germany — Inflation hit a new record in the 19 countries that use the euro currency, fueled by out-of-control prices for natural gas and electricity due to Russia’s war in Ukraine. Economic growth also slowed ahead of what economists fear is a looming recession, largely as a result of those higher prices sapping Europeans’ ability to spend. Natural gas …

Inflation hits new record high of 10.7% in Europe, slowing economy
2 years, 2 months ago

Inflation hits new record high of 10.7% in Europe, slowing economy

India TV News  

Highlights Natural gas prices skyrocketed in the wake Russia's invasion of Ukraine A survey of professional forecasts showed expectations for inflation next year rose to 5.8 per cent The economy had showed growth of 0.2 per cent in the July-September quarter Inflation hit a new record in the 19 countries that use the euro currency, fuelled by out-of-control prices for …

Dutch inflation climbs to record 12%
2 years, 4 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 …

Inflation hits 9.1% in countries using euro currency
2 years, 4 months ago

Inflation hits 9.1% in countries using euro currency

Associated Press  

LONDON — Inflation in the European countries using the euro currency hit another record in August, fueled by soaring energy prices mainly driven by Russia’s war in Ukraine. Annual inflation in the eurozone’s 19 countries rose to 9.1%, up from 8.9% in July, according to the latest figures released Wednesday by the European Union statistics agency Eurostat. In the euro …

Dutch inflation jumps to 13.6%; To remain high for a while: DNB president
2 years, 4 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 …

UK inflation jumps to new 40-year high
2 years, 4 months ago

UK inflation jumps to new 40-year high

Al Jazeera  

British consumer price inflation jumped to 10.1 percent in July, its highest since February 1982, up from an annual rate of 9.4 percent in June, intensifying the squeeze on households, according to official figures. It forecast inflation would peak at 13.3 percent in October, when regulated household energy prices are next due to rise. Global inflation Wednesday’s figures from the …

UK inflation hits 10% as cost-of-living crisis accelerates
2 years, 4 months ago

UK inflation hits 10% as cost-of-living crisis accelerates

CNN  

CNN Business — Inflation in the United Kingdom hit a new 40-year high last month, rising above 10% for the first time since 1982 and piling further pain on households already struggling to pay their bills. Soaring food prices — up 12.7% since July 2021 — were the largest single contributor to the acceleration in inflation, the ONS said. “All …

New energy contract €4,000 more expensive than a year ago
2 years, 5 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, 5 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, 5 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, 5 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 …

Inflation and wage data suggest US prices will keep climbing
2 years, 5 months ago

Inflation and wage data suggest US prices will keep climbing

Associated Press  

WASHINGTON — Inflation surged in June and workers’ average wages accelerated in the spring — signs that Americans won’t likely feel any relief from rising prices anytime soon and that the Federal Reserve will feel compelled to further raise borrowing costs. An inflation gauge closely tracked by the Fed jumped 6.8% in June from a year ago, the government said …

Eurozone inflation surges to record high in fresh blow to Lagarde
2 years, 5 months ago

Eurozone inflation surges to record high in fresh blow to Lagarde

The Telegraph  

Inflation in the eurozone has soared to a new record high, piling more pressure on the European Central Bank as price rises show no signs of slowing. “Going forward, the path for inflation is very dependent on what happens with Russian gas flows, and hence energy prices, but in any case it isn’t expected to come down fast,” she added. …

Inflation surges by 6.1 per cent - highest since 2001 stirring fears of big August rate rise
2 years, 5 months ago

Inflation surges by 6.1 per cent - highest since 2001 stirring fears of big August rate rise

Daily Mail  

Soaring petrol, housing and food costs have caused Australia's inflation rate to surge by 6.1 per cent for the first time in two decades stirring fears of a super-sized interest rate rise in August. Australia's inflation rate has surged by 6.1 per cent for the first time in two decades stirring fears of a super-sized interest rate rise in August …

9.4% inflation expected for Netherlands in 2022
2 years, 6 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 …

Inflation eases to 8.6%, bucking EU trend, but food bills keep rising
2 years, 6 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, 6 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 hits record 8.6% for 19 countries using the euro
2 years, 6 months ago

Inflation hits record 8.6% for 19 countries using the euro

Associated Press  

LONDON — Inflation in countries using the euro set another eye-watering record, pushed higher by a huge increase in energy costs fueled partly by Russia’s war in Ukraine. Annual inflation in the eurozone’s 19 countries hit 8.6% in June, surging past the 8.1% recorded in May, according to the latest numbers published Friday by the European Union statistics agency, Eurostat. …

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