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Inflation reaches 3%, its highest level since 2008

Wednesday 13 February 2013

The Dutch rate of inflation rose to 3% in January, its highest level since September 2008, the national statistics office CBS said on Wednesday.

In December, inflation rose to 2.9%. The January increase has been prompted by an increase in the cost of insurance and new cars, the CBS said. Higher petrol prices also had an effect.

© DutchNews.nl


Readers' Comments

Stagflation actually, leading eventually to hyperinflation, as the money supply devalues through excessive QE. The next few years will be interesting, with numptys at the helm? Looking forward to the next lot already, at least we get a change a faces.

By Grumpy old man | 13 February 2013 4:18 PM

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