Inflation Hits Estimated 4% on Energy Price Rise
Energy prices rose 18.3% from a year earlier, while core inflation eased to 2.5%, the Central Statistics Office said.
- On Tuesday, the Central Statistics Office reported Ireland's annual consumer price inflation rose to 4% in October from 3.8% in September, driven by a sharp jump in energy prices.
- Energy costs surged 4.5% in the month and 18.3% annually, according to the CSO, as continued conflict in the Gulf region drives persistent price increases.
- Deloitte Ireland chief economist Kate English noted economic resilience, yet cautioned "people are facing into a winter with much higher energy costs," offering little household comfort.
- A combined 34% of consumers report being "squeezed hard" by rising prices, while 77% expect higher household costs next year, according to recent consumer index data.
- Rabobank economists project inflation to peak at 4.6% just before summer 2027, assuming current energy price trends and regional tensions persist through the forecast period.
17 Articles
17 Articles
Daily life in the Netherlands became 3.7 percent more expensive in October compared to a year ago, reports the Central Bureau for the...
Daily life in the Netherlands became 3.7 percent more expensive in October than a year earlier, reports Statistics Netherlands (CBS) on...
Energy and fuel prices push Dutch inflation to 3.7 percent in October
Daily life in the Netherlands became 3.7 percent more expensive in October compared to a year earlier, according to a quick estimate by Statistics Netherlands (CBS). This marks a further increase in inflation, following a rise to 3.4 percent in September. While groceries became slightly cheaper than a year ago, energy and motor fuel prices rose further.
Prices rose more in October than in the previous month. Inflation stood at 3.7 percent; in September, it was 3.4 percent. This is stated in the preliminary estimate by Statistics Netherlands (CBS). The inflation figure means that prices in October were 3.7 percent higher than in the same month a year earlier. The final figure will be released on November 10, at which point it may still be adjusted. In the initial estimate, the price change was …
Inflation in the Netherlands rose to 3.7 percent in October, reports Statistics Netherlands (CBS) based on a quick estimate. This marks a further increase in inflation, following the rise to 3.4 percent in September. Groceries became slightly cheaper again compared to a year ago, but energy and motor fuels became more expensive once more.
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