Inflation falls in February, energy is slightly more expensive

Inflation is down in February

The annual rate of inflation fell to 2.8% in February, down from 3.2% in January, national statistics agency CBS said in a flash forecast on Friday.

The price of food and drink rose 2.7%, a sharp drop on January’s 4%, when several taxes were increased. At the same time, the price of energy and fuel rose 1.1% year on year, after falling 2.5% in January.

Calculated in line with official EU methods, the Dutch annual rate of inflation is 2.7%, compared with 3.1% last month. The EU method takes a different approach to housing.

Inflation figures for across the eurozone will be published later on Friday. In January, the average eurozone rate was 2.8%.

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