Dutch inflation hits record high in September as energy costs soar

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(Reuters) – Inflation in the Netherlands hit an all-time high in September, mainly due to emerging energy prices, Dutch statistics firm CBS said on Thursday.

The Consumer Price Index (CPI) rose to 14. 5% in September year-on-year, from 12% in August.

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 the inflation rate of energy and fuels went 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, harmonized to be comparable with inflation data from other European Union countries (HICP), reached 17. 1% in September after jumping to 13. 7% in August, CBS said last week.

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

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