Air France-KLM's financial results for the second quarter were severely pressured by strikes at Air France, as well as a higher fuel bill. Despite this the French-Dutch airline combination's operating profit was considerably higher than analysts had anticipated, NU.nl reports.
Inflation in the Netherlands increased from 0.6 percent to 1.0 percent in December, according to Statistics Netherlands on Thursday. But despite this increase, the Dutch inflation over 2016 was at its lowest level in nearly 30 years. Over 2016 inflation in the Netherlands increased only 0.3 percent. The last time inflation was so limited was in 1987, according to the statistics office.
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.
The increase of the excises on diesel and lpg (liquefied petroleum gas) seems to be filling the treasury for the time being. The surprising outcome comes from a letter by Eric Wiebes, state secretary of Finance.