Inflation in the Netherlands fell to 3.3% in January, its lowest since June 2022, due to lower energy and service prices.

Inflation in the Netherlands dropped to 3.3% in January, the lowest rate since June 2022, driven by lower energy and service prices. Food prices slightly increased, while fuel costs decreased. The European calculation method showed a 2.9% inflation rate. Despite the drop, recent wage agreements averaging 4.5% could increase company costs and potentially affect competitiveness, according to Rabobank economists.

2 months ago
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