CPI inflation rate in the Netherlands, per month 1963-2023
The Russia-Ukraine has been a factor in the inflation rate in the Netherlands, which has gone up to as high as 14.5 percent in September of 2022. Up until then, Dutch prices were lower than the two percent mark that the European Central Bank strives towards, as a consequence of the coronavirus (COVID-19). In September of 2023, the inflation rate was 0.2 percent.