Inflation Rate Trends and Forecast for Netherlands from 1990 to 2029

Inflation Rate Trends and Forecast for Netherlands from 1990 to 2029

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TGM StatBox. (2024). Inflation Rate Trends and Forecast for Netherlands from 1990 to 2029. TGM StatBox.
Chart Details
Timeframe: 1990-2029
Country: Netherlands
Published date: 2024
Note: The Inflation rate (average consumer prices), as defined by the International Monetary Fund (IMF), measures the annual percentage change in the average level of prices of goods and services consumed by households.
Key Takeaways
The Netherlands experienced relatively stable inflation throughout the 1990s, averaging around 2%, with a notable increase to 5.1% in 2001 driven by the introduction of the euro and global economic factors. Inflation fell to 0.2% in 2015, reflecting subdued energy prices and modest economic growth. However, inflation spiked to 11.6% in 2022, largely due to global energy crises and supply chain disruptions.

Forecasts indicate inflation will stabilize at 2.0% from 2026 onwards, reflecting the Netherlands’ strong economic fundamentals and alignment with European Central Bank inflation targets.

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