Dutch inflation double eurozone average, hits 2.9% in March
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 climbed to 2.9% in March, the third highest in the eurozone and double the region’s average, according to new figures from European statistics agency Eurostat.
Annual inflation fell to 1.4% in the euro area and is stable in the EU as a whole at 1.6%. The lowest annual rates were recorded in Portugal (0.8%) and Greece (1%).
In particular, the cost of food and energy put up inflation in the Netherlands, according to domestic statistics agency CBS. Food prices rose because of the increase in the lower rate of valued added tax to 9%.
The cost of energy in the Netherlands, meanwhile, has risen almost 17% year-on-year, following increases in gas prices and energy taxes.
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