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Netherlands

Inflation will drop slightly, but the impact on energy is overestimated by current statistics

annual inflation rate in the netherlands fell a little In October, calculated according to the EU method, it rose from 17.1% to 16.8%, the national statistics office CBS said on Monday.

The first estimate using the Dutch method, which is lower than the EU figure due to the inclusion of rental housing costs, will be released on 8 October.

The Dutch EU figure, one of the highest in the eurozone, is also considerably lower if CBS uses the actual price households pay for energy rather than the price paid for new contracts in its calculations.

Most people in the Netherlands trade fixed rates, so they have never seen their bills skyrocket and will likely increase in the next year.

CBS is currently working on a new method. Energy price calculator, will be ready next year. “There are still many uncertainties in the data and analysis,” the agency said Monday.

according to Financiere Dougbloodif calculated using a more accurate interpretation of energy price developments, annual inflation in the Netherlands in August would have been below 10% instead of 12%.

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https://www.dutchnews.nl/news/2022/10/inflation-drops-slightly-but-energy-impact-is-over-estimated-in-current-stats/ Inflation will drop slightly, but the impact on energy is overestimated by current statistics

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