Netherlands' inflation slows in April 2024
02 May 24 1 min read
Insights
- In April 2024, Netherlands' inflation rates decreased slightly, according to the flash estimate from Statistics Netherlands (CBS).
- The country's consumer price index (CPI) recorded a rate of 2.7 per cent, down from 3.1 per cent in March.
- Additionally, the European Harmonised Index of Consumer Prices (HICP) showed a decrease to 2.6 per cent.
The CBS flash estimate, which is based on incomplete source data, reflects this moderate easing in consumer price increases. The drop suggests a potential relief for Dutch consumers, although the data is preliminary and subject to revisions.
In addition to the CPI, CBS also calculates inflation based on the European Harmonised Index of Consumer Prices (HICP). The HICP figures align closely with the CPI, marking inflation at 2.6 per cent for April. This also shows a reduction from the 3.1 per cent recorded in March.
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Fibre2Fashion News Desk (DP)
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