CBS: Inflation 14.3 per cent in October

Consumer goods and services were 14.3 per cent more expensive in October than in the same month a year earlier, reports CBS. In September, inflation was 14.5 per cent. Energy price developments had a downward effect on inflation, food provided an upward effect.

Food more expensive

Food prices rose further in October. Food was 14.0 per cent more expensive than in October 2021. In September, the year-on-year price increase was 12.8 per cent. This increase came mainly from bread, cereals and dairy products. 

Smaller price rise in energy

The price trend of energy (electricity, gas and district heating) had a dampening effect on inflation last month. Energy was 173 per cent more expensive in October than in the same month a year earlier. In September 2022, energy was 200 per cent more expensive than in September 2021.

Cbs.nl