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Netherlands sees slight rise in inflation rate in September 2023

Breaking down the categories, clothing and footwear prices experienced a minor increase, being *.* per cent more expensive this September compared to last year. The inflation&#**;s significant decrease can largely be attributed to the notable price shifts in the energy sector. Energy was a striking ** per cent cheaper in September than it was twelve months earlier, compared to the almost ** per cent decrease in prices in August year-on-year (YoY).

Excluding the price changes related to energy and motor fuels, September&#**;s inflation rate would have stood at a much higher *.* per cent, a drop from August&#**;s *.* per cent. The significant influence of energy prices on inflation stems primarily from the surge in energy prices during the latter half of ****, as per CBS.