Inflation Netherlands 1998
Average inflation: 2.0% (Derived: 1.8%)
Current Inflation
Inflation is normal at 2.0%, around the ECB target.
Peak and Trough
The highest inflation was in April at 2.4%. The lowest inflation was in August at 1.7%.
- Highest month
- April: 2.4%
- Lowest month
- August: 1.7%
- Difference
- 0.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Housing, water, electricity, gas and other fuels with an average of 3.3%. The lowest price increase was in Health with an average of 0.4%.
- Highest increase
- Housing, water, electricity, gas and other fuels: 3.3%
- Lowest increase
- Health: 0.4%
Historical Context
Current inflation is around the 5-year average of 2.2%.
- 5-year average
- 2.2%
- 10-year average
- 2.4%
- All-time high (1981)
- 6.8%
- All-time low (1987)
- -0.5%
Trend
Inflation has remained relatively stable. Compared to 1997, the difference is minimal (-0.3 percentage point).
- Change vs. previous year
- -0.3 percentage points
- Largest monthly swing
- August: -0.9 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €102.00 next year at this inflation rate.
Multi-year trend
Monthly figures 1998
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Derived CPI | Difference vs. 1997 |
|---|---|---|---|
| January | 1.8% | 1.6% | -0.5 |
| February | 2.2% | 2.0% | 0.0 |
| March | 2.3% | 2.1% | +0.3 |
| April | 2.4% | 2.2% | +0.6 |
| May | 2.0% | 1.9% | -0.2 |
| June | 2.2% | 2.0% | 0.0 |
| July | 2.0% | 1.8% | -0.3 |
| August | 1.7% | 1.5% | -0.9 |
| September | 1.7% | 1.4% | -0.9 |
| October | 1.9% | 1.6% | -0.4 |
| November | 1.7% | 1.5% | -0.8 |
| December | 1.7% | 1.5% | -0.6 |
| Average | 2.0% | 1.8% |
Data source
Data from CBS. Last updated: 08/01/2026.