Lower rent increase dampened inflation last month

Inflation in the Netherlands was 2.9 percent in July, down from 3.1 percent in June, Statistics Netherlands (CBS) confirmed on Tuesday. A smaller rise in housing costs, measured in rent trends for rental and owner-occupied properties, was behind the lower inflation.

In July, rents increased by 4.9 percent compared to a year earlier. In June, the price increase was still 5.4 percent. The price of staying in bungalow parks also increased by less in July than in June, so it also contributed to the decline in inflation, CBS said.

Compared to June 2025, consumer prices increased by 1.3 percent last month. Dutch inflation based on the European calculation method amounted to 2.5 percent in July, down from 2.8 percent in June. Inflation across the eurozone was 2 percent in July, the same as the month before.

Dutch inflation has been above the eurozone average for months. According to CBS, last month, this was due to energy prices falling in the eurozone while they rose in the Netherlands. Dutch food, beverages, and tobacco prices also increased by more than the eurozone average in July.