Inflation in the Netherlands showed moderate growth between January and May 2025, remaining above the euro area average. According to the Dutch Central Bureau of Statistics (CBS), consumer prices rose by 3.3 per cent in January compared to the same month the previous year, down from 4.1 per cent in December 2024.
According to the Indeflatie website, the average inflation rate in the Netherlands for 2025 is 3.7 per cent, up from 3.35 per cent in 2024.
The main factors contributing to the rise in inflation are higher housing, water and energy prices, as well as increases in the cost of services due to wage increases.
However, despite the moderate growth of inflation, there are external economic risks that can affect the economic situation in the country. In particular, a possible worsening of trade relations between the US and the European Union could lead to an increase in Dutch inflation by 0.5 percentage points in 2025 and 2026.
Inflation in the Netherlands thus remains at a moderate level in the first half of 2025, but external economic factors could have a significant impact on further price developments.