The Dutch Central Bureau of Statistics (CBS) said inflation in the country last July reached 10.3% for the first time since 1975.
For the first time since 1975… Inflation in the Netherlands exceeds 10% Turkish Treasury Minister: The first periods of inflation are “sweet”
According to the office, this is the first time that the Dutch inflation rate has exceeded 10% since September 1975, attributing the rise from 8.6% in June to energy costs and an increase in housing rents, which usually rise in July.
The bureau reported that the cost of food also rose by 12.3% year-on-year.
Last week, the Central Statistical Office said that inflation, when calculated according to the European system which uses a different basket of goods to calculate inflation and does not include, for example, housing rentals, was 11.6%.