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Netherlands : Prices of clothes & shoes go up 0.5% in 2006

Netherlands : Prices of clothes & shoes go up 0.5% in 2006

Write: Annissa [2011-05-20]

Inflation rate 1.7 percent in 2006 according to the European:
method Dutch inflation according to the European harmonised calculation method (HICP) averaged 1.7 percent in 2006, slightly higher than in the two preceding years.

The difference between the national CPI and the HICP is largely due to the fact that consumer-related taxes are outside the scope of the HICP. That is why the abolition of the user component of property tax does not affect the HICP.

Inflation rate in December marginally higher than in November:
In December 2006, the inflation rate averaged 1.1 percent, marginally higher than in November, when it was 1.0 percent. The increase is mainly caused by higher prices for petrol, flowers and plants.

Dutch inflation according to the harmonised index rose from 1.6 percent in November to 1.7 percent in December. A provisional estimate by Eurostat indicates that December's inflation rate in the eurozone was stable at 1.9 percent.