In December, Dutch inflation saw a slight increase, reaching its highest point in approximately 18 months, according to preliminary data released on Tuesday by the Central Bureau of Statistics. Consumer prices rose by 4.1% annually, following a 4.0% increase in November. This marks the highest rate of inflation since July 2023, when prices climbed by 4.6%.
The Harmonized Index of Consumer Prices (HICP) also reported a slight uptick, with inflation rising to 3.9% from 3.8% in November. The rate of annual price growth for food, beverages, and tobacco accelerated to 6.7% in December, up from 6.2% the previous month. In addition, service costs grew at a faster rate of 5.8%, compared to 5.5% in November.
For the year 2024, the agency noted that consumer goods and services were 3.3% more expensive than they were in 2023.
The material has been provided by InstaForex Company - www.instaforex.com
The Harmonized Index of Consumer Prices (HICP) also reported a slight uptick, with inflation rising to 3.9% from 3.8% in November. The rate of annual price growth for food, beverages, and tobacco accelerated to 6.7% in December, up from 6.2% the previous month. In addition, service costs grew at a faster rate of 5.8%, compared to 5.5% in November.
For the year 2024, the agency noted that consumer goods and services were 3.3% more expensive than they were in 2023.
The material has been provided by InstaForex Company - www.instaforex.com