Netherlands Inflation Edges Up to 3.4% in September 2026

The Netherlands saw its consumer price index (CPI) inflation rise to 3.4% in September 2026, up slightly from 3.3% in August, according to the latest flash estimate from Statistics Netherlands (CBS). The increase was largely driven by higher energy and services prices, with energy costs, including motor fuels, surging by 13.9% in September, compared to 11.6% in August. Services inflation also ticked up to 3.9% from 3.7%.

Other categories saw mixed movements. Prices of non-energy industrial goods increased by 1.5%, slightly higher than the 1.4% recorded in August. However, food, beverages, and tobacco prices continued to decline, falling by 1.2% in September after a 0.5% drop in August. Meanwhile, prices related to consumption abroad rose by 7.7%, up from 7.4% in August.

In its short-term price-trend analysis, CBS noted that consumer prices increased by 0.1% in September 2025 compared to August 2025. Historically, prices in September have remained unchanged from August on average, though CBS cautioned that seasonal effects, such as clothing sales, can temporarily distort this trend.

The European Harmonised Index of Consumer Prices (HICP) also showed an uptick, with inflation reaching 3.0% in September, up from 2.8% in August. The latest data suggests ongoing inflationary pressures in the Netherlands, particularly from energy and services, while falling food prices offered some moderation. These figures remain crucial for apparel retailers, brands, and sourcing teams evaluating consumer spending and market conditions.