Dutch inflation reached 16.8 percent

According to the Fars International Economic Group, the Netherlands Bureau of Statistics (CBS) announced that the country’s annual inflation rate reached 16.8% in October, which is slightly lower than the 17.1% inflation rate in September, but is still much higher than expected. .

According to this report, the inflation rate of this country is still very high, which has increased due to the increase in the costs of energy and food carriers.

The CBS figures, which are measured based on the harmonized European measurement method, include housing costs such as rent and the calculation of energy prices based on new contracts.

Earlier, some media wrote, about 20 bakeries in the Netherlands were forced to close due to a sharp increase in inflation in the midst of energy shortages. The costs of bakeries in this country have increased by 80%.

Preliminary statistics show that the inflation rate of the 19 countries that use the euro currency unit, known as the “euro zone”, set a new record in October and reached 10.7 percent.

According to this report, if this figure is confirmed by the European Statistics Office known as “Eurostat”, it will be the first time in the history of the formation of this region that its monthly inflation rate will exceed 10% and will strengthen the fear of an impending recession. did

The energy crisis and rising costs have created problems for European countries that have affected all their industries and businesses.

At the same time, due to the sharp increase in the cost of electricity and gas required for heating ovens and operating bread dough machines, almost 10,000 bread producers in Germany are facing problems that have never been seen since World War II. .

The increase in the inflation rate of the Euro zone is caused by the increase in the price of energy carriers, which has increased by 441.9% compared to the same period last year, and the price of food and tobacco has increased by 13.1% compared to last year.

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