Amsterdam, Dutch inflation accelerated further in August, to set a new record, as it continued to be driven by higher energy prices, preliminary data from the Central Bureau of Statistics showed today.
The consumer price index rose 12.0% year-on-year, following a 10.3% increase in July. Headline inflation accelerated for a second straight month.
Energy inflation shot up to 151%, from 108% in the previous month. Food prices rose 13.1% annually after a 12.3% increase in July.
Higher prices for clothing also contributed to inflation.
Motor fuel prices rose 16.7% year-on-year following a 24.6% increase in the previous month.
The EU measure of inflation, the harmonized index of consumer price inflation or HICP, was 13.7% in August, which was slightly higher than the flash estimate of 13.6%. In July, inflation was 11.6%.
Source: Oman News Agency