Dutch inflation accelerates in September with rising energy prices

Inflation in the Netherlands accelerated further in September, mainly due to emerging energy prices, Dutch statistics firm CBS said on Thursday.

The customer value index (CPI) rose 14. 5% year-on-year in September, up from 12% in August.

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Energy two hundred percent more expensive in September than in the same month last year, CBS said, adding that in August construction was up 151 percent.

The firm noted that inflationary power and fuel rose from 6% in August to 6. 5% in September.

Education costs have also contributed to higher inflation, as the government’s reduction in tuition and course fees brought on by the COVID-19 crisis will no longer be taken into the existing educational year, CBS said.

Clothing costs were 8 percent higher in September than a year earlier, with a 3. 3 percent increase in August, the company added.

The customer value index, harmonised to be comparable with inflation data for other European Union countries (HICP), rose to 17. 1% in September after jumping to 13. 7% in August.

CBS last week

. (Reporting by Diana Mandiá and Michal Aleksandrowicz; editing by Clarence Fernandez and Kim Coghill)

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