Clothing & shoes go costly pushing inflation

06 Oct '05

2 min read

The inflation rate did not change in September 2005. Just as in August consumer prices were 1.8 percent higher than the year before, according to the consumer price index by Statistics Netherlands.

The price developments of car fuel, clothing and shoes raised the inflation rate, while price drops for fresh vegetables and tuition eased it.

The Dutch inflation rate according to the European harmonised method was 1.7 percent, up 0.1 percent point on August.
Price increases of 0.8 percent in September.

In September consumer prices rose by an average of 0.8 percent on August.

A similar price increase was measured in September on August 2004.

Clothing and shoes also became more expensive. Fresh vegetables were cheaper. The price change for clothing and shoes was also higher in September than in August compared to last year. These price developments increased the inflation rate.

Prices in Nederland increased less than prices in the Eurozone
The Dutch inflation rate according to the European harmonised method (HICP) in September 2005 was 1.7 percent. This is 0.1 percent point higher than in August.

Eurostat, the European statistical bureau, expects the
Eurozone inflation rate in September to increase to an average of 2.5 percent.

In August the inflation rate in the Eurozone averaged 2.2 percent.

The Netherlands remains one of the countries with the lowest inflation rates in Europe. In the Eurozone only Finland had a lower inflation rate in August 2005.

Statistic Netherlands

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