Inflation Netherlands 2020
Average inflation: 1.3% (Derived: 1.2%)
Current Inflation
Inflation is low at 1.3%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in January at 1.8%. The lowest inflation was in August at 0.7%.
- Highest month
- January: 1.8%
- Lowest month
- August: 0.7%
- Difference
- 1.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Recreation and culture with an average of 2.1%. The lowest price increase was in Energy with an average of -11.9%.
- Highest increase
- Recreation and culture: 2.1%
- Lowest increase
- Energy: -11.9%
Historical Context
Current inflation is around the 5-year average of 1.5%.
- 5-year average
- 1.5%
- 10-year average
- 1.6%
- All-time high (2001)
- 4.5%
- All-time low (2016)
- 0.3%
Trend
Inflation has remained relatively stable. Compared to 2019, the difference is minimal (-1.3 percentage point).
- Change vs. previous year
- -1.3 percentage points
- Largest monthly swing
- August: -2.1 percentage points
ECB Target
Inflation is 0.7% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €101.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Derived CPI | Difference vs. 2019 |
|---|---|---|---|
| January | 1.8% | 2.0% | -0.4 |
| February | 1.6% | 1.7% | -1.0 |
| March | 1.4% | 1.5% | -1.4 |
| April | 1.2% | 1.3% | -1.7 |
| May | 1.2% | 1.1% | -1.2 |
| June | 1.6% | 1.4% | -1.1 |
| July | 1.7% | 1.6% | -0.8 |
| August | 0.7% | 0.6% | -2.1 |
| September | 1.1% | 1.0% | -1.5 |
| October | 1.2% | 1.1% | -1.5 |
| November | 0.8% | 0.7% | -1.8 |
| December | 1.0% | 0.9% | -1.7 |
| Average | 1.3% | 1.2% |
Data source
Data from CBS. Last updated: 08/01/2026.