In four of the five most popular holiday destinations for Dutch tourists, food is more expensive than in the Netherlands. Only in Spain will Dutch pay less for groceries than at home, Statistics Netherlands reported on Thursday.
Over the past decade, food prices in the Netherlands increased by 14.5 percent, Statistics Netherlands reported on Monday based on a new analysis of the consumer price index. In May food was 3.8 percent more expensive than in the same month last year, "almost the largest price increase in 10 years", the stats office said.
Buying food is relatively cheap in the Netherlands, where prices are about 2 percent lower than the average in the European Union, according to figures Statistics Netherlands and Eurostat released on Wednesday. Food prices in our neighboring countries are all higher than the EU average.
Inflation in the Netherlands decreased to the lowest level in 27 years in January, with the average price increase coming out at exactly 0 percent. The average interest rate also decreased to 0.5 percent in January (0.8 percent in December 2014), the lowest since the start of De Nederlandsche Bank's (DNB) time series in mid 1986.