Inflation Netherlands 1974

Average inflation: 9.6%

Current Inflation

Inflation is very high at 9.6%, far above the ECB target.

Peak and Trough

The highest inflation was in November at 11.0%. The lowest inflation was in January at 8.2%.

Highest month
November: 11.0%
Lowest month
January: 8.2%
Difference
2.8 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 2.1% higher than the 5-year average of 7.5%. This approaches the highest level since records began (9.6% in 1974).

5-year average
7.5%
10-year average
6.3%
All-time high (1974)
9.6%
All-time low (1967)
3.2%

Trend

Inflation shows an upward trend. Compared to 1973, inflation has risen by +1.6 percentage point.

Change vs. previous year
+1.6 percentage points
Largest monthly swing
November: +3.1 percentage points

ECB Target

Inflation is 7.6% 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 €109.60 next year at this inflation rate.

Multi-year trend

Monthly figures 1974

Month overview

Month Inflation Derived CPI Difference vs. 1973
January 8.2% - +0.3
February 8.8% - +1.3
March 9.2% - +1.6
April 8.9% - +0.9
May 8.7% - +0.4
June 8.9% - +0.6
July 9.5% - +1.1
August 9.8% - +1.7
September 10.3% - +2.1
October 10.7% - +2.8
November 11.0% - +3.1
December 10.9% - +2.7
Average 9.6% -

Data source

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

See also