Latest reading: Inflation accelerated for the third consecutive month in May, hitting a four-month high of 16.9% from April’s 13.9%....
Inflation in Netherlands
In the year 2024, the inflation in Netherlands was 3.22%, compared to 0.32% in 2014 and 4.10% in 2023. It averaged 2.65% over the last decade. For more inflation information, visit our dedicated page.
Netherlands Inflation Chart
Note: This chart displays Inflation (HICP, ann. var. %, aop) for Netherlands from 2024 to 2018.
Source: Macrobond.
Netherlands Inflation Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Inflation (HICP, ann. var. %, aop) | 1.1 | 2.8 | 11.6 | 4.1 | 3.2 |
| Inflation (HICP, ann. var. %, eop) | 0.9 | 6.4 | 11.0 | 1.0 | 3.9 |
| Inflation (PPI, ann. var. %, aop) | -3.2 | 10.1 | 20.4 | -0.2 | -0.6 |
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.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Dutch inflation projections for the next ten years from a panel of 20 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Dutch inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Dutch inflation projections.
Want to get access to the full dataset of Dutch inflation forecasts? Send an email to info@focus-economics.com.
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