Inflation Netherlands 2008

Average inflation: 2.5% (Derived: 2.2%)

Current Inflation

Inflation is normal at 2.5%, around the ECB target.

Peak and Trough

The highest inflation was in July at 3.2%. The lowest inflation was in December at 1.9%.

Highest month
July: 3.2%
Lowest month
December: 1.9%
Difference
1.3 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food and non-alcoholic beverages with an average of 5.6%. The lowest price increase was in Communication with an average of -4.1%.

Highest increase
Food and non-alcoholic beverages: 5.6%
Lowest increase
Communication: -4.1%

Historical Context

Current inflation is 0.8% higher than the 5-year average of 1.7%.

5-year average
1.7%
10-year average
2.3%
All-time high (2001)
4.5%
All-time low (1989)
1.1%

Trend

Inflation shows an upward trend. Compared to 2007, inflation has risen by +0.9 percentage point.

Change vs. previous year
+0.9 percentage points
Largest monthly swing
August: +2.1 percentage points

ECB Target

Inflation is 0.5% 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 €102.50 next year at this inflation rate.

Multi-year trend

Monthly figures 2008

Inflation by category

Food and non-alcoholic beverages
5.6%
+3.1vs avg.
More details →
Clothing and footwear
0.4%
-2.1vs avg.
More details →
Housing, water, electricity, gas and other fuels
2.1%
-0.4vs avg.
More details →
Energy
3.2%
+0.7vs avg.
More details →
Health
0.4%
-2.1vs avg.
More details →
Transport
3.9%
+1.4vs avg.
More details →
Communication
-4.1%
-6.6vs avg.
More details →
Recreation and culture
-1.3%
-3.8vs avg.
More details →

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

Month overview

Month Inflation Derived CPI Difference vs. 2007
January 2.0% 1.9% +0.6
February 2.2% 2.1% +0.7
March 2.2% 2.0% +0.4
April 2.0% 1.9% +0.2
May 2.3% 2.1% +0.5
June 2.6% 2.4% +0.9
July 3.2% 2.9% +1.7
August 3.2% 3.0% +2.1
September 3.1% 2.8% +1.8
October 2.8% 2.5% +1.2
November 2.3% 1.8% +0.4
December 1.9% 1.5% 0.0
Average 2.5% 2.2%

Data source

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

See also