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Dutch inflation falls to 0.2%, but food inflation remains 10%

September 29, 2023

The Dutch annual rate of inflation plunged to 0.2% in September, and was down 0.4% on last month, according to a flash forecast by national statistics office CBS.

In August, consumer goods and prices rose 3% year on year.

The decline is due to a 38% fall in prices for gas, electricity and fuel, and food inflation remains virtually unchanged at 10%, the CBS figures show.

Since June the CBS has been using a different method to calculate the impact of energy prices, based on actual figures rather than new contracts.

Calculated according to European methods, inflation was -0.3% in September and 3.4% in August. The difference is partly explained by the inclusion of rental housing costs in the Dutch system.

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