The Dutch inflation rate fell to 0.0% in January, its lowest level in 27 years, central statistics agency CBS said on Thursday.
The inflation rate has been falling steadily since the summer of 2013 and was at 0.7% in December.
The 0.7 percentage point drop between December and January is largely due to lower fuel prices, the CBS said. A litre of petrol now costs an average €1.47, nearly 13% cheaper than the year earlier period.
The mild winter weather also had an effect on inflation, with people buying fewer winter clothes and shops reducing prices more than usual in the sales.
Calculated according to eurozone statistical methods, there is 0.7% deflation in the Netherlands, the CBS said.