Inflation in the Netherlands dropped to the lowest level of 14 months.
The annual inflation rate in the Netherlands has decreased from 3.1 % in July compared to the previous month and was confirmed to be 2.9 %. This is the lowest rate since May 2024, with the slowing down of housing and public services (4.7 % – 4.9 % in June) and alcoholic beverages (1.8 % – 5.3 %). However, inflation increases in food and non -alcoholic beverages (4.7 percent – 4.4 percent), transportation (1 percent – 0.8 percent) and floor equipment and family (3.4 percent – 0.8 percent). Health inflation is not constantly at 3.4 percent. Meanwhile, the price of clothes and shoes faster (1.8 percent – 1.1 percent). Energy, food, alcohol and cigarettes except for the core inflation, from 3 percent of the previous two months to 2.9 percent, the lowest level is 14 months. On the basis of monthly, the consumer price index (CPI) increased by 1.3 % by recording the strongest increase since the same month and month in July after the course in June. Meanwhile, compatible consumer prices (used for EU comparison) increased by 2.5 % on the basis of annual, while the previous period was still below 2.8 %.