Dutch consumer price inflation eased further in August to the lowest level in more than a year, preliminary figures from the Central Bureau of Statistics showed on Tuesday.
Consumer prices logged an annual increase of 2.8 percent in August, slightly slower than the 2.9 percent rise in July. Further, this was the lowest inflation since May 2024, when prices had risen 2.7 percent.
The annual price growth in food, beverages, and tobacco moderated to 3.7 percent from 4.1 percent. Similarly, inflation based on services softened to 3.8 percent from 4.0 percent. Meanwhile, prices for energy, including fuels, increased at a faster pace of 1.6 percent in August versus 1.0 percent in July.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.