Effective industrial prices grew 2.5 percent Y/Y

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Selling prices for Dutch industry were 2.5 percent higher in March than in the same month last year. The Central Bureau of Statistics (CBS) reports this.

The price increase is greater than a month earlier. Back then, industry products were 2.1 percent more expensive than a year earlier. The development of selling prices in the industry is strongly related to the price development of crude oil.

Compared with February, the selling prices of the industry increased by 0.7 percent in March. Prices on the domestic market increased by 0.5 percent and those on the foreign market by 0.8 percent, according to the statistics office.

About the author

Maurice Eisma

Maurice Esma, a co-founder of EconomicInform is a freelance journalist with the expertise in international finance and corporate rights. The author can be reached by email [email protected]

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