Slight increase in inflation

14th February 2008, Comments 0 comments

Inflation in the Netherlands rose slightly in January compared to December.

14 February 2008

VOORBURG – Inflation in the Netherlands rose slightly in January compared to December. The rise in consumer prices came to 2 percent last month, compared to 1.9 percent in the previous month.

This is the first time in two years that inflation for January did not remain below 2 percent. Statistics Netherlands (CBS) announced this Thursday.

Clothing prices in particular contributed to the rise in inflation. Clothing was on average 2.6 percent more expensive last month than a year earlier. This was because the effect of the sales season was weaker than in January last year. Expenditure on food and transport, like flight tickets and petrol, also boosted inflation.

Prices also rose because of adjustments to premiums for supplementary health insurance. These became 12 percent more expensive on an annual basis. In January 2007 the price increase was already 7.3 percent.

[Copyright Expatica News + ANP 2008]

Subject: Dutch news

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