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Dutch inflation rises to 3.3% in October as goods prices rise, food deflation eases
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https://think.ing.com/snaps/dutch-inflation-rises-to-33-in-october-as-goods-prices-pick-up/
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ING THINK
Dutch inflation rises to 3.3% in October as goods prices rise, food deflation eases
Lead — The recent uptick in Dutch inflation to 3.3% in October marks a notable recovery from September's 3.0%, driven predominantly by non-energy goods and easing food deflation. Per the full note from ing-think, energy price inflation remains a factor, but it was not the primary driver behind this rise. This shift in inflation dynamics may have implications for the ECB's assessment of rate policy and the euro's exchange rate performance, particularly as households face higher energy costs ahead.