Inflation Netherlands 2003
Average inflation: 2.1% (Derived: 1.9%)
Current Inflation
Inflation is normal at 2.1%, around the ECB target.
Peak and Trough
The highest inflation was in January at 2.4%. The lowest inflation was in December at 1.7%.
- Highest month
- January: 2.4%
- Lowest month
- December: 1.7%
- Difference
- 0.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 7.2%. The lowest price increase was in Clothing and footwear with an average of -3.1%.
- Highest increase
- Energy: 7.2%
- Lowest increase
- Clothing and footwear: -3.1%
Historical Context
Current inflation is 0.8% lower than 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 shows a downward trend. Compared to 2002, inflation has fallen by +1.3 percentage point.
- Change vs. previous year
- -1.3 percentage points
- Largest monthly swing
- January: -1.6 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 €102.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2003
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Derived CPI | Difference vs. 2002 |
|---|---|---|---|
| January | 2.4% | 2.1% | -1.6 |
| February | 2.4% | 2.1% | -1.4 |
| March | 2.4% | 2.3% | -1.2 |
| April | 2.1% | 1.9% | -1.5 |
| May | 2.0% | 1.8% | -1.3 |
| June | 2.0% | 1.6% | -1.4 |
| July | 2.1% | 2.0% | -1.3 |
| August | 2.1% | 2.0% | -1.2 |
| September | 2.0% | 1.9% | -1.3 |
| October | 2.0% | 1.8% | -1.2 |
| November | 2.0% | 1.8% | -1.1 |
| December | 1.7% | 1.5% | -1.4 |
| Average | 2.1% | 1.9% |
Data source
Data from CBS. Last updated: 18/02/2026.