Annual inflation in Netherlands hits 8% in February

By Gokhan Ergocun

ISTANBUL (AA) – The annual inflation rate in the Netherlands rose to 8% in February, up from 7.6% in January, official estimations revealed on Thursday.

Prices of food, beverage and tobacco increased 15.1% in February on a yearly basis, according to the Dutch Central Bureau of Statistics.

Non-energy products and services prices were up by 8.7% and 5.7%, respectively, year-on-year in February.

Meanwhile, energy prices dropped 1.1% over the same period.