Dutch harmonized consumer price inflation slowed in June, figures from the Central Bureau of Statistics showed Thursday.
The harmonized index of consumer prices rose 0.5 percent year-on-year in June after increasing 0.7 percent in May. Economists had forecast inflation to slow to 0.4 percent.
Nonetheless, this was the second consecutive rise in harmonized consumer prices. The 0.7 percent rate logged in May was the highest since January 2014.
Consumer price inflation eased to 1 percent in June from 1.1 percent a month ago.
Inflation, excluding energy, food, alcohol and tobacco, also slowed in June, to 1.6 percent from 1.8 percent a month ago.
The material has been provided by InstaForex Company – www.instaforex.com