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Dutch customer rates increase for second straight month
(MENAFN) Initial info from Statistics Netherlands (CBS) published on Thursday showed that yearly inflation in the Netherlands increased for the second consecutive month and stood at 6.1 percent last month.
The statement declared that expansion in customer rates has improved in previous months, growing from 4.4 percent in March to 5.2 percent in April on a yearly basis. The movement has greatly been triggered by power rates, which dropped less important last month comparing to April.
The prices of food, beverages as well as tobacco have also helped to the surge in Dutch rate rises. Grocery inflation last month decreased a little to stand at 12.8 percent from the April number of 13.2 percent, but stayed higher than estimates.
Numbers showed that rates of industrial products rose by 8.9 percent last month from 8.3 percent in April. In the meantime, power including motor fuel stood at 18.5 percent lower in May after falling for over 22 percent in the month before.
The statement declared that expansion in customer rates has improved in previous months, growing from 4.4 percent in March to 5.2 percent in April on a yearly basis. The movement has greatly been triggered by power rates, which dropped less important last month comparing to April.
The prices of food, beverages as well as tobacco have also helped to the surge in Dutch rate rises. Grocery inflation last month decreased a little to stand at 12.8 percent from the April number of 13.2 percent, but stayed higher than estimates.
Numbers showed that rates of industrial products rose by 8.9 percent last month from 8.3 percent in April. In the meantime, power including motor fuel stood at 18.5 percent lower in May after falling for over 22 percent in the month before.
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