Inflation in the Netherlands dips slightly but still tops 7%
Inflation in the Netherlands fell slightly to 7.2% in February, when calculated according to the harmonised EU standard, national statistics agency CBS said on Wednesday.
In January, the comparable figure was 7.6%, as higher energy prices pushed up prices.
The figure is preliminary and based on incomplete figures, the CBS said.
The rate of inflation in the Netherlands reached a 40-year high of 6.4% in January, when calculated according to the Dutch system.
The main difference between the two systems is the role of housing. The European system for calculating inflation, or HICP, does not include housing costs, but the CPI, or Dutch system, includes developments on the rental housing market.
In January, the Netherlands had the sixth highest inflation rate in the eurozone. In neighbouring Belgium, the figure was 8.5%, in Germany 5.1% – the eurozone average.
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