Inflation, measured each month as the increase in the consumer price index (CPI) relative to a year earlier, was 3.3 per cent in September.
The October inflation rate is the same as the flash estimate published on October 31.
Inflation was lower in October, partly due to price changes for clothing, which was 0.4 per cent more expensive YoY. In September, the YoY clothing price increase was 2.7 per cent.
The price changes for gas also had a downward effect on the inflation rate. Gas was 1-per cent more expensive YoY in October, down from 4.3 per cent in September.
CBS publishes two different inflation rates: one based on the CPI and the other on the European harmonised index of consumer prices (HICP). According to the HICP, consumer goods and services in the Netherlands were 3 per cent more expensive YoY in October. In September, inflation was also 3 per cent, according to the HICP.
ALCHEMPro News Desk (DS)
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