Inflation Netherlands 1971

Average inflation: 7.6%

Current Inflation

Inflation is very high at 7.6%, far above the ECB target.

Peak and Trough

The highest inflation was in December at 8.8%. The lowest inflation was in January at 6.3%.

Highest month
December: 8.8%
Lowest month
January: 6.3%
Difference
2.5 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 2.3% higher than the 5-year average of 5.3%. This approaches the highest level since records began (7.6% in 1971).

5-year average
5.3%
10-year average
5.2%
All-time high (1971)
7.6%
All-time low (1967)
3.2%

Trend

Inflation has remained relatively stable. Compared to 1970, the difference is minimal (+3.2 percentage point).

Change vs. previous year
+3.2 percentage points
Largest monthly swing
May: +4.5 percentage points

ECB Target

Inflation is 5.6% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €107.60 next year at this inflation rate.

Multi-year trend

Monthly figures 1971

Month overview

Month Inflation Derived CPI Difference vs. 1970
January 6.3% - +3.0
February 6.9% - +3.5
March 6.6% - +3.0
April 7.5% - +4.3
May 7.8% - +4.5
June 7.7% - +3.9
July 7.6% - +2.6
August 7.6% - +2.2
September 7.7% - +2.1
October 8.3% - +2.9
November 8.3% - +2.7
December 8.8% - +3.1
Average 7.6% -

Data source

Data from CBS. Last updated: 17/12/2025.

See also