Dutch inflation rate will ease later this year, says central bank

The current high rate of inflation in the Netherlands is only temporary and will ‘easy off significantly’ in the course of this year, the Dutch central bank said on Thursday.

Government measures rather than energy bills are pushing up inflation, the bank said.

The increase in value-added tax has added 1 percentage point and the increase in tax on insurance and extra rises in housing rents have also contributed, the central bank statement said.

Dutch inflation is currently twice as high as inflation in the eurozone as a whole, at 3.1%.

The DNB statement (English)

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