Dutch inflation hits new record, among Europe’s highest ...Middle East

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Dutch inflation hits new record, among Europe’s highest
THE HAGUE: Dutch inflation hit a new record of 14.5 percent in September due to soaring energy prices following Russia's invasion of Ukraine, official figures showed on Thursday.The Netherlands, the EU's fifth largest economy, now has one of the highest rates of inflation in Europe as it tries to end its reliance on Russian gas.The 14.5 percent increase year-on-year in September comes after inflation hit what was then a record 12 percent in August.“The rise in inflation was mainly due to the price development of energy,“ the Netherlands Central Bureau of Statistics (CBS) said in a statement.“Energy was 200 percent more expensive in September than in the same month last year.”The Dutch govern

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