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🇳🇱Netherlands inflation rate

Netherlands joined the euro at its launch in 1999. Harmonised inflation (HICP) — the EU-wide measure the European Central Bank targets at 2% — stands at 3.4% as of May 2026. That is 1.4 percentage points above the ECB's 2% target, and 0.2 points above the euro-area average of 3.2%.

The breakdown shows core (excluding energy and food) at 3.4%, energy at 9.8%, food at 0.4% and services at 5.2%. The strongest pressure is in energy (9.8%), while food is the softest (0.4%).

Month on month the headline rose from 2.5% to 3.4%, extending the climb.

Harmonised inflation (HICP) · annual rate
3.4%
vs 2% target
+1.4pp

Netherlands's harmonised inflation is 3.4% as of May 2026abovethe European Central Bank's 2% target by 1.4 percentage points.

Core (excl. energy & food)
3.4%
1.3pp vs prev
Energy
9.8%
1.8pp vs prev
Food
0.4%
1.1pp vs prev
Services
5.2%
2.0pp vs prev
Netherlands — annual HICP inflation rate, last 10 years
Source: Eurostat (HICP) · data through May 2026 · modifications: none

Compare with the rest of the bloc on the eurozone inflation ranking →