Inflation in the Netherlands Hits Highest Level in 4 Months

Amsterdam: Inflation in the Netherlands reached its highest level in four months in April, driven by rising consumer prices and a number of other key indicators.

According to Qatar News Agency, the Dutch Statistics Office reported on Tuesday that inflation in April was, as expected, the highest since the start of the year, with consumer prices rising 4.1 percent year-over-year, compared to a 3.7 percent increase in March.

The report highlighted that the rise in airfares played a significant role in pushing inflation higher, with ticket prices jumping 20.8 percent compared to last year. Service prices also increased, climbing from 4 percent to 4.5 percent annually, while transportation costs rose from 1 percent to 1.9 percent.

Additionally, food and beverage prices saw a 3.9 percent increase, with monthly prices rising by 1 percent in April.