Inflation in the Netherlands rose to a record high of 17.1 per cent in September. This was reported by the Statistics Bureau of the Netherlands (CBS) on the basis of the European harmonised consumer price index (HCPI). In August, it was still 13.7 per cent, which was also a record.
Increased energy prices are a major cause: compared to September last year, they rose 114 per cent this month.
An inflation rate of 17.1 per cent means that consumer product prices are 17.1 per cent higher than in September 2021. So September’s inflation is not on top of August’s 13.7 per cent inflation, CBS says.
CBS says this is an initial estimate based on still incomplete source data. The regular figures, including inflation according to the Dutch consumer price index (CPI), will be released in a week’s time.
In the inflation figure, CBS assumes that consumers signed a new energy contract in September. This is by no means the case for everyone, so for many people the inflation rate will be lower in practice.
CBS is working on a measurement method that will map energy price developments in a more refined way. To do so, it uses data from energy companies. First preliminary calculations show that the inflation rate with the new method will be significantly lower than what CBS is currently publishing. But the exact difference cannot yet be determined, according to CBS.
In every newsreport I read our hear a different percentage.
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**Translation**
Inflation in the Netherlands rose to a record high of 17.1 per cent in September. This was reported by the Statistics Bureau of the Netherlands (CBS) on the basis of the European harmonised consumer price index (HCPI). In August, it was still 13.7 per cent, which was also a record.
Increased energy prices are a major cause: compared to September last year, they rose 114 per cent this month.
An inflation rate of 17.1 per cent means that consumer product prices are 17.1 per cent higher than in September 2021. So September’s inflation is not on top of August’s 13.7 per cent inflation, CBS says.
CBS says this is an initial estimate based on still incomplete source data. The regular figures, including inflation according to the Dutch consumer price index (CPI), will be released in a week’s time.
In the inflation figure, CBS assumes that consumers signed a new energy contract in September. This is by no means the case for everyone, so for many people the inflation rate will be lower in practice.
CBS is working on a measurement method that will map energy price developments in a more refined way. To do so, it uses data from energy companies. First preliminary calculations show that the inflation rate with the new method will be significantly lower than what CBS is currently publishing. But the exact difference cannot yet be determined, according to CBS.
In every newsreport I read our hear a different percentage.
Haha rookie numbers
Why are you copying us!