Inflation in the Netherlands cools to 2.7 percent in April

This meant that inflation was lower than in March. Then daily life became 3.1 percent more expensive compared to a year earlier. In February inflation was still 2.8 percent.

The cooling inflation is mainly related to energy prices and the prices of motor fuels at the pump. In March, energy and motor fuels became 3.7 percent more expensive. In April there was a smaller increase of 3.3 percent. The price increase of food, drinks and tobacco was higher in April than in the previous month.

Calculation method

Dutch inflation based on the European harmonized calculation method was 2.6 percent in April, compared to 3.1 percent in March. This calculation method is slightly different from that of Statistics Netherlands. The method agreed within the European Union to measure inflation does not take into account the costs of living in your own home.

The European statistical agency Eurostat will also present a preliminary estimate of inflation in the euro zone in April later in the morning. Inflation in the euro area was 2.4 percent in March, compared to 2.6 percent in February.