Inflation rose to 3.1 percent in March, mainly due to energy prices

Inflation rose to 3.1 percent in March, mainly due to energy prices
Inflation rose to 3.1 percent in March, mainly due to energy prices
--

Inflation in the Netherlands rose to 3.1 percent in March. That is slightly higher than a month earlier, when the figure was 2.8 percent. The Central Bureau of Statistics (CBS) reported this in a quick estimate on Wednesday.

The price for energy including fuels rose by 3.7 percent in March, compared to the same month a year earlier. That is a significant difference compared to February, when it became 1.1 percent more expensive. It is mainly energy price developments that drive inflation. The prices of petrol and diesel have risen sharply recently.

Food, drinks and tobacco also became more expensive: in March prices rose by 2.8 percent, in February this was narrowly lower by 2.7 percent. Prices for services rose equally minimally: 4.6 percent in March, 4.5 percent in February.

In January, an inflation rate of 3.2 percent was measured, compared to the same period a year earlier. In previous months this percentage was even lower: 1.2 in December, 1.6 in November. In October 2023, the inflation rate was even negative at -0.4 percent. This was entirely due to lower energy prices.

“This estimate has been calculated on the basis of incomplete source data,” the statistics office said about the March figures. Full dates will be available on April 9.




To share




Email the editor

The article is in Dutch

Tags: Inflation rose percent March due energy prices

-

PREV Mathieu van der Poel reacts to Wout’s fall: “Not close with Van Aert, but it is very hard for him”
NEXT Rising prices at the pump push inflation up again