31.10.202505:51:14UTC+00Dutch Inflation Rate Slows to 3.1%

The Netherlands witnessed a decrease in its annual inflation rate, which fell to 3.1% in October 2025, down from a five-month peak of 3.3% observed in September, as indicated by preliminary estimates. This reduction was primarily driven by a noteworthy decline in energy prices, with energy inflation dropping to 2.1% in October from 4.0% in the preceding month. Additionally, inflation related to non-energy industrial goods decreased to 0.4% from 1.5%. Conversely, inflation for services increased to 4.5% from 4.1%, and prices for food, beverages, and tobacco experienced a slight uptick to 3.8% from 3.7%. On a month-to-month basis, consumer prices are anticipated to climb by 0.3%, counteracting a 0.1% decline noted in the previous period. Simultaneously, the HICP-based inflation, which excludes costs related to owner-occupied housing, is estimated to remain steady at 3.0% in October, consistent with figures from September.