Dutch inflation rate hits six-year high

8th August 2008, Comments 0 comments

Inflation in the Netherlands reached it highest level for six years at 3.2 percent in July.

8 August 2008

THE NETHERLANDS - According to the latest figures released by Statistics Netherlands, inflation reached its highest level for six years in July, climbing to 3.2 percent.

This is an increase of 0.6 percent on the June inflation rate. The increase has been attributed to higher gas and electricity prices. After tariffs were adjusted in June, the price of gas rose by almost 7 percent.
The Dutch inflation rate is still the lowest in Europe but the difference is decreasing steadily. Inflation in the Netherlands is just over 1 percent lower than in other Euro countries.
[Radio Netherlands / Expatica]

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