Inflation accelerates in February from January

Latest reading: Harmonized consumer prices increased 2.3% on a year-on-year basis in February, following a 2.2% rise in the previous month. Relative to the prior month's figures, there were higher price pressures for transportation (+3.4% in annual terms vs +2.1% in January) and restaurants and hotels (+5.5% vs +3.7% in January). In contrast, there were reduced price pressures for food and non-alcoholic beverages (+1.2% vs +2.0% in January), housing and utilities (+2.6% vs +3.1% in January) and recreation (+1.4% vs +2.2% in January). Meanwhile, consumer prices were up 2.4% in annual terms in February, unchanged from the prior month's reading. Finally, harmonized consumer prices increased 1.50% in February on a month-on-month basis, following a 1.31% fall in the prior month.

How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Dutch inflation projections for the next ten years from a panel of 18 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Dutch inflation.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Dutch inflation projections.

Want to get access to the full dataset of Dutch inflation forecasts? Send an email to info@focus-economics.com.