Dutch consumer prices rise 1.7% as holidays and fuel prices cost more

Photo: Depositphotos.com
Holiday homes were more expensive to rent in May. Photo: Depositphotos.com

The Dutch consumer price index rose 1.7% in May as the cost of holidays and fuel went up, the national statistics office CBS said on Thursday.

In April, the CPI rose 1.1%. The sharp increase is due to the fact that the spring school holidays were mainly in May this year, rather than April as in 2017, the CBS said.

Calculated according to harmonised EU methods, the consumer price index rose 1.9% in May, in line with the European average. The last time EU prices rose so sharply was in September 2013, the CBS said.

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