Textile

Dutch inflation rises to 3.7% in July 2024

13 Aug '24
1 min read
Dutch inflation rises to 3.7% in July 2024
Pic: dbrnjhrj - stock.adobe.com

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Consumer goods and services in the Netherlands were 3.7 per cent more expensive in July 2024 compared to the same month last year, according to Statistics Netherlands (CBS). This marks an increase from the inflation rate of 3.2 per cent recorded in June. The July inflation rate aligns with the flash estimate released on July 31, 2024.

According to the Harmonised Index of Consumer Prices (HICP), consumer goods and services in the Netherlands saw a price increase of 3.5 per cent in July, slightly up from 3.4 per cent in June.

In contrast, inflation in the euro area as a whole was recorded at 2.6 per cent in July, up from 2.5 per cent in the previous month, as per CBS.

Fibre2Fashion News Desk (DP)