Inflation up to 3.2 percent in January; 3.5 percent excluding energy - Statistics Netherlands News Release

Statistics Netherlands (CBS) reports that consumer goods and services in the Netherlands were 3.2 percent more expensive in January than one year previously. In December, the inflation rate stood at 1.2 percent. Inflation is measured each month as the increase in the consumer price index (CPI) relative to the same month in the previous year. The January inflation rate is the same as the flash estimate published on 5 January.

The CPI also indicates the price change relative to the previous month. Consumer prices rose by 0.5 percent in January 2024 relative to December 2023.

The inflation rate excluding energy and motor fuels was 3.5 percent in January versus 3.4 percent in December. The difference between inflation and inflation excluding energy was smaller in January than it was in December.