Home breadcru News breadcru Policy breadcru Netherlands' inflation rate 11.2% in Nov 2022 based on European HICP

Netherlands' inflation rate 11.2% in Nov 2022 based on European HICP

07 Dec '22
1 min read
Pic: Shutterstock
Pic: Shutterstock

The Dutch inflation rate stood at 11.2 per cent on an yearly basis in November this year according to the European harmonised index of consumer prices (HICP), reports Statistics Netherlands (CBS). It was 16.8 per cent in October.

Energy is currently a major contributor to overall inflation. This is, however, a flash estimate, based on still incomplete source data, CBS said in a release.

The price development of energy is measured by CBS on the basis of new energy contracts. CBS has launched research into a new method to measure and calculate the energy prices as part of the HICP and CPI. This method should reflect the current developments in energy prices in a more refined manner.

ALCHEMPro News Desk (DS)

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