Dutch inflation rate reaches lowest level in five years
See more DutchNews articles in your Google search results
See more DutchNews articles in your Google search results
Add as a favourite source on Google Add DutchNews as a favourite source on Google
The rate of inflation in the Netherlands fell to 0.7% in December, its lowest level in five years, the national statistics office CBS said on Thursday.
The inflation rate has been falling steadily since summer 2013.
The 0.3 percentage point drop between November and December is largely due to lower fuel prices. A litre of petrol now costs an average of €1.55, its lowest level since November 2010, the CBS said.
Calculated according to eurozone statistical methods, there is 0.1% deflation in the Netherlands, the CBS said.
Thank you for donating to DutchNews.nl.
We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.
Make a donation