Inflation Netherlands 2002

Average inflation: 3.4% (Derived: 3.4%)

Current Inflation

Inflation is high at 3.4%, well above the ECB target.

Peak and Trough

The highest inflation was in January at 4.0%. The lowest inflation was in November at 3.1%.

Highest month
January: 4.0%
Lowest month
November: 3.1%
Difference
0.9 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 5.2%. The lowest price increase was in Recreation and culture with an average of 1.9%.

Highest increase
Energy: 5.2%
Lowest increase
Recreation and culture: 1.9%

Historical Context

Current inflation is around the 5-year average of 2.9%.

5-year average
2.9%
10-year average
2.6%
All-time high (2001)
4.5%
All-time low (1987)
-0.5%

Trend

Inflation has remained relatively stable. Compared to 2001, the difference is minimal (-1.1 percentage point).

Change vs. previous year
-1.1 percentage points
Largest monthly swing
May: -1.6 percentage points

ECB Target

Inflation is 1.4% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

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 €103.40 next year at this inflation rate.

Multi-year trend

Monthly figures 2002

Inflation by category

Food and non-alcoholic beverages
3.3%
-0.1vs avg.
More details →
Clothing and footwear
3.2%
-0.2vs avg.
More details →
Housing, water, electricity, gas and other fuels
3.4%
-0.0vs avg.
More details →
Energy
5.2%
+1.8vs avg.
More details →
Health
2.5%
-0.9vs avg.
More details →
Transport
2.0%
-1.4vs avg.
More details →
Communication
2.2%
-1.2vs avg.
More details →
Recreation and culture
1.9%
-1.5vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Derived CPI Difference vs. 2001
January 4.0% 4.1% -0.2
February 3.8% 3.9% -0.7
March 3.6% 3.7% -1.0
April 3.6% 3.6% -1.3
May 3.3% 3.3% -1.6
June 3.4% 3.4% -1.1
July 3.4% 3.4% -1.2
August 3.3% 3.3% -1.4
September 3.3% 3.3% -1.4
October 3.2% 3.1% -1.1
November 3.1% 3.2% -1.1
December 3.1% 3.1% -1.3
Average 3.4% 3.4%

Data source

Data from CBS. Last updated: 08/01/2026.

See also