Inflation decreases slightly due to energy costs and prices at the pump | Economy

Inflation decreases slightly due to energy costs and prices at the pump | Economy
Inflation decreases slightly due to energy costs and prices at the pump | Economy
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Inflation fell to 2.7 percent in April, reports statistics agency CBS. This decline is mainly due to energy prices and prices at the pump.

Statistics Netherlands estimates that inflation in April will therefore be lower than in recent months. In March, daily life became 3.1 percent more expensive. In February this was still 2.8 percent and in January 3.2 percent. The figure is always a comparison with the year before.

The fact that inflation is cooling down is mainly due to energy prices and gas station prices. For example, energy prices and prices at the pump rose less rapidly in April than in March. But in April we spent more on food, drinks and tobacco compared to last month.

The estimated inflation figure from Statistics Netherlands is based on the consumer price index (CPI). But the European calculation method also shows decreasing inflation. According to that method, Dutch inflation was 2.6 percent. The difference between these calculation methods is that the European Union does not take the costs of a home into account.

Nieuwe methode

Door de hoge energieprijzen waren de inflatiecijfers lange tijd heel hoog. Daarom gebruikt het CBS sinds juni een nieuwe methode voor het meten en verwerken van de energieprijzen in de inflatie. Doordat de inflatiecijfers altijd een vergelijking met een jaar eerder zijn, geven ze nu een wat vertekend beeld.

The article is in Netherlands

Tags: Inflation decreases slightly due energy costs prices pump Economy

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