News CBS
Agricultural products contribute more to inflation
Inflation amounted to 9,6% in April, reports the Central Bureau of Statistics (CBS). That is a fraction less than in March. At that time, goods and services were 9,7% more expensive than one year previously. Energy and fuel prices rose less sharply than last year, but food actually contributed more to inflation. Meat, in particular, became more expensive.
Foods were 8,5% more expensive in April than last year. In March that was 6,2%. Meat rose in price the most. In April, meat was 10,5% more expensive than a year ago, in March it was 5,5%. Vegetables, dairy, bread and grains also became more expensive. In addition to food, staying in holiday parks also had an upward effect on inflation.
Reduction of excise duty on fuel
Motor fuels were 24,8% more expensive in April, compared to 36,5% in March. This has to do with the reduction of the excise duty on motor fuels by the cabinet for the period from 1 April to 31 December. For example, the price of one liter of Euro 95 fell from €2,29 in March to €2,09 in April and the price of one liter of diesel went from €2,12 to €2,00.
Energy prices are calculated in the inflation figure on the basis of new contracts. It is unknown how many previously concluded contracts there are. The Central Bureau of Statistics is investigating how it can better calculate energy prices.
According to the European inflation calculation method, the Harmonized Index of Consumer Prices (HICP), Dutch inflation was 11,7% in March and 11,2% in April. Inflation across the eurozone rose from 7,4% in March to 7,5% in April.
Linda van Eekeres
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