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Higher Food Prices Drive Dutch Inflation to 3.2% in June

Kaia by Kaia
02/07/2024
in News
Alaska Lawmakers Expand Food Stamp Program to Combat Hunger and Reduce Application Backlogs
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Dutch inflation surged to 3.2% in June, driven primarily by higher food prices, according to a quick estimate by Statistics Netherlands (CBS) released on Tuesday. This marks an increase from February’s inflation rate of 2.7%.

The cost of food, beverages, and tobacco rose by 4.4% compared to the previous year, up from a 3.1% increase in May. Services also contributed to the upward trend, with prices rising 4.6% in June, slightly higher than the 4.5% increase seen in May.

In contrast, inflation was tempered by lower increases in energy and motor fuel prices. These costs rose by 3.4% in June, down from a 4.0% increase in May.

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Statistics Netherlands also reported Dutch inflation using the European harmonized method (HICP), which excludes housing costs considered in the CBS method. According to the HICP, Dutch inflation stood at 3.4% in June, up from 2.7% in May, aligning with EU standards for cross-country inflation comparisons.

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Kaia

Kaia

Kaia Green is a staff writer for WhatFoodrecipes, where she covers everything from holidays to food. She is a graduate of Syracuse University, where she received a B.A. in magazine journalism. She has taste-tasted hundreds of products and recipes since joining WhatFoodrecipes in 2023 (tough job!), she considers the kitchen to be her happiest place. When she’s not at the supermarket or trying out a new recipe, you can find her at the beach, in her backyard or on the couch — typically with a glass of wine in hand.

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