Dutch inflation more than double EU average

The Dutch annual rate of inflation rose again to 2.8% last month, an increase of 0.2 percentage point on April, the national statistics office CBS said.

The increase is largely due to higher petrol prices, more expensive food and foreign holidays, the CBS said. In particular, the price of fresh fruit and vegetables has gone up because of the bad weather in the spring.

Calculated according to European Union standards, the Dutch inflation rate rose 0.3 percentage point to 3.1%. The European average is 1.4%.

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