Inflation surges to 3.4% as energy costs put up prices


The Dutch rate of inflation rose to 3.4% in October, its highest level for almost 20 years, national statistics agency CBS said on Thursday.

Inflation has been rising for several months, driven by energy prices. In September it was 2.7% and in August 2.4%. In October 2020, the rate was 1.2%.

The price of petrol and clothing have also had an impact on the latest increase, the CBS said.

Last week, European statistics agency Eurostat put the Dutch inflation rate at 3.8%, just below the eurozone average of 4.1%.

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