The rate of inflation in the Netherlands hit in November its highest level since 1982

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The rate of inflation in the Netherlands has in November hit its highest level since 1982, now corresponding to 5.2%. This can be compared to October, where the rate of inflation was 3.4%.


This follows the same pattern as the increased average eurozone inflation that in November went up from 4.1% to 4.9%.


According to CBS, soaring gas and electricity prices are responsible for two percentage points of the annual increase. Additionally, higher fuel costs and the price of food and clothes also had an impact.



Source: DutchNews, click here.