More households are feeling the pinch. Photo: Depositphotos.com
The Dutch annual rate of inflation rose to 10.3% in July, when calculated according to domestic guidelines, national statistics agency CBS said on Thursday.
It is the first time the Dutch rate has topped 10% since September 1975. The rise from 8.6% in June was largely due to the cost of energy and to the increase in housing rents, which traditionally go up in July.
However, food was also 12.3% more expensive year on year, the CBS said.
Last week the CBS said that inflation, when calculated according to the harmonized European system was 11.6%. The EU system uses a different basket of goods to calculate inflation and does not include rental housing, for example.
Thank you for donating to DutchNews.nl
The DutchNews.nl team would like to thank all the generous readers who have made a donation in recent weeks. Your financial support has helped us to expand our coverage of the coronavirus crisis into the evenings and weekends and make sure you are kept up to date with the latest developments.
DutchNews.nl has been free for 14 years, but without the financial backing of our readers, we would not be able to provide you with fair and accurate news and features about all things Dutch. Your contributions make this possible.
If you have not yet made a donation, but would like to,
you can do so via Ideal, credit card or Paypal.
Source: Dutch News
