Inflation falls slightly to 9.6%, preliminary figures show
The annual rate of inflation fell marginally to 9.6% in December after reaching a peak of 14.5% in September, national statistics agency CBS said on Friday. The figure is preliminary and will be revised later this month.
The figures cover inflation when calculated according to the Dutch method, which includes the impact of rental housing. The European figure, published at the end of last month, was 11%, a decline of 0.3 percentage point on November.
The slight downturn in December was due to lower food and energy prices, the CBS said. For example, energy cost 30% more in December than a year ago, but in November the difference was over 41%.
The CBS expects inflation to fall to between 3.2% and 3.7% this year, as the government’s price ceiling on energy has an impact on prices.
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