Dutch inflation rises again, food prices are up nearly 13%
Inflation rose slightly for the second month in a row in May, with food prices up 12.8%, according to a new flash estimate by national statistics agency CBS.
In total the annual rate of inflation reached 6.1% in May after climbing from 4.4% in March to 5.2% in April.
Although food inflation is still high, the increase has softened slightly, the CBS said. In April, food prices were up 13.2% year on year.
The cost of services, such as cafes, bars and amusement parks, is up 6.1% on last year.
The CBS said earlier that wage increases are keeping pace with inflation, averaging 6% so far in 2023.
Calculated according to European Union methods, which do not include the impact of rental housing, inflation was 6.8% in May, a full percentage point higher than in April. The inflation rate in the eurozone was 7% last month.
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