1 Jul, 10:35··
Lower energy prices slow inflation to 2.9 percent
Inflation in the Netherlands went down in June. It was 2.9 percent. This is lower than 3.5 percent in May.
The decrease in inflation was mainly because oil prices went down. The Dutch Bureau of Statistics (CBS) made this estimate. The government is watching this change closely. They want to help people with economic problems. Lower energy prices are a key part of this plan.
Summarized from the sources above. Read the originals for the full story.
Highlights
Dutch Inflation Decrease
Inflation in the Netherlands fell to 2.9 percent in June.
Energy Prices Key Factor
Lower energy prices caused the decrease in inflation.
Previous Inflation Rate
Inflation was 3.5 percent in May.
CBS Quick Estimate
The CBS provided a quick estimate of the inflation rate.
Oil Price Impact
A decrease in oil prices contributed to the slower inflation rise.
inflationenergyeconomyoil prices