Netherlands: Harmonized inflation rises to over one-year high in April
Latest reading: Harmonized inflation came in at 4.1% in April, which was up from March’s 3.4%. April’s result marked the highest inflation rate since July 2023. The pick-up was broad-based, with greater price pressures recorded for food and non-alcoholic beverages, transportation, housing and utilities, recreation, and hospitality
The trend pointed up mildly, with annual average harmonized inflation coming in at 3.4% in April (March: 3.3%). Meanwhile, consumer price inflation rose to 4.1% in April from the previous month’s 3.7%.
Lastly, harmonized consumer prices rose 1.79% from the previous month in April, picking up from March’s 0.51% increase. April’s uptick was the highest reading since September 2022.