Dutch communication prices slide 5.3% in 2019

Statistics Netherlands (CBS) reports that in 2019, consumer prices in the Netherlands rose by 2.6 percent on average relative to the previous year. This is the largest increase since 2003

Consumer prices in the Netherlands for communication services and products fell by 4.2 percent year-on-year in December. For all of last year, Dutch communication prices declined by 5.3 percent, a bit less than the 5.7 percent slide recorded in 2018.

 

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It is the first time since measurement of the HICP started in 1997 that the Netherlands has the steepest price rise in the eurozone. Around the European Union, CPI-based inflation was only higher in Hungary and Romania. The average CPI-based inflation rate across the EU stood at 1.6 percent.

Top 5 largest price movements

Just as in 2018, the increase in energy prices was one of the sharpest price rises of last year. Electricity went up by an average 15.7 percent, while the price of natural gas rose by 10.6 percent on average. Both increased levies and supply tariffs for electricity and natural gas were substantially higher in 2018.

Not all consumer products went up in price. Home care services showed the sharpest price drop, followed by Dutch communication prices: mobile telephony, mobile phones and sound and video equipment.

communication price

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