Inflation Netherlands 2022
Average inflation: 10.0% (Derived: 11.7%)
Current Inflation
Inflation is very high at 10.0%, far above the ECB target.
Peak and Trough
The highest inflation was in September at 14.5%. The lowest inflation was in February at 6.2%.
- Highest month
- September: 14.5%
- Lowest month
- February: 6.2%
- Difference
- 8.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 116.8%. The lowest price increase was in Communication with an average of -3.1%.
- Highest increase
- Energy: 116.8%
- Lowest increase
- Communication: -3.1%
Historical Context
Current inflation is 6.3% higher than the 5-year average of 3.7%. This approaches the highest level since records began (10.0% in 2022).
- 5-year average
- 3.7%
- 10-year average
- 2.4%
- All-time high (2022)
- 10%
- All-time low (2016)
- 0.3%
Trend
Inflation shows an upward trend. Compared to 2021, inflation has risen by +7.3 percentage point.
- Change vs. previous year
- +7.3 percentage points
- Largest monthly swing
- September: +11.8 percentage points
ECB Target
Inflation is 8.0% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €110.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Derived CPI | Difference vs. 2021 |
|---|---|---|---|
| January | 6.4% | 7.4% | +4.8 |
| February | 6.2% | 7.1% | +4.4 |
| March | 9.7% | 10.7% | +7.8 |
| April | 9.6% | 10.9% | +7.7 |
| May | 8.8% | 10.1% | +6.7 |
| June | 8.6% | 9.9% | +6.6 |
| July | 10.3% | 12.4% | +8.9 |
| August | 12.0% | 14.3% | +9.6 |
| September | 14.5% | 17.2% | +11.8 |
| October | 14.3% | 16.9% | +10.9 |
| November | 9.9% | 12.1% | +4.7 |
| December | 9.6% | 11.8% | +3.9 |
| Average | 10.0% | 11.7% |
Data source
Data from CBS. Last updated: 08/01/2026.