Skip to Content

Stock photo from Unsplash

Inflation in the Netherlands rises to almost 12 percent

The price that Dutch citizens have to pay because the US wants Ukraine to join NATO, is becoming quite steep.

Published: April 2, 2022, 9:43 am

    Read more

    Prices in the Netherlands have risen extremely fast since the outbreak of the war in Ukraine. According to the Central Bureau of Statistics (CBS), inflation rose to almost 12 percent last month.

    In February inflation was 7,3 percent. An initial calculation shows inflation in March at 11,9 percent. Ukrainian president Zelensky has meanwhile found time to also admonish the Dutch cabinet for which he received a standing ovation.

    Inflation in the Netherlands has been around the highest level in decades for some time now. That is because energy prices and fuel tariffs at the pump had already increased considerably before the conflict in Ukraine. This is partly due to the rapid economic recovery from the Corona crisis, which has created scarcity for many raw materials and also personnel in certain sectors.

    The Russian operation in Ukraine subsequently boosted prices even more. Since then, the oil and gas markets have been very concerned that the fuel supply from Russia could dry up. And because energy is becoming more expensive, many other products are also going up in price. Energy is needed to manufacture goods. Companies then pass on their higher costs to consumers.

    Hiding the truth

    The Dutch government has already tried to implement measures to ease the pain for Dutch consumers. On Friday, an excise duty reduction came into effect, which means that motorists would save a little at the pump – about 8 euros per fill-up. Nevertheless, this kind of support from the cabinet cannot prevent the Dutch from declining in purchasing power this year, Prime Minister Mark Rutte has already warned.

    Statistics Netherlands released the figure on Friday following the announcement of eurozone inflation by the European statistical office Eurostat later in the day. The European “harmonized method” was used, which was created to allow a comparison of inflation data from different European countries.

    The calculation differs from the usual way in which Statistics Netherlands calculates inflation. Those regular figures will however not be published until April 7.

    The financial consequences of 12 percent inflation cannot be compensated for by the government. That is what State Secretary Marnix van Rij (Tax Office) on Friday told the Council of Ministers.

    The package of compensation measures that the cabinet announced earlier is not sufficient, according to van Rij. But the “exorbitant increase” of 12 percent that the Central Bureau of Statistics calculated for March “cannot be made up in purchasing power”.

    “We will of course wait and see how it develops in the coming weeks and months,” said the minister about the high price increases. The last time inflation was this high was in the 1980s, Van Rij recalled. Yet one cannot compare the situation with the seventies or eighties since there are very low interest rates, which was “an advantage” he said.

    Ukrainian refugees

    Invoking state emergency law, mayors in the Netherlands are now obliged to organize the reception of Ukrainian refugees. State Secretary Eric Van der Burg announced this after the cabinet meeting on the war in Ukraine. If mayors do not cooperate, they will be sanctioned by the Minister of Justice.

    It is a law that has only been enacted twice since the Second World War: Once during the oil crisis to regulate car-free Sundays and once to regulate the Corona curfew.

    Now this emergency law is being dusted for the third time because the government is bracing for impact, according to Dutch outlet Nieuwsuur.

    “Draconian measures are coming. The State Secretary is taking the first legal step for this,” reporter Arjan Noorlander commented.

    Zelensky’s speech boycotted by Thierry Baudet’s FvD party

    The FVD denounced the invitation of President Zelensky to address the Dutch House of Representatives.

    The party members were absent during his speech and from the ensuing parliamentary debate while the PVV applauded the Ukrainian leader.

    “Zelensky’s planned speech to the Dutch House of Representatives represents a radical break with a democratic tradition that has existed for over 170 years. Never before in the history of Dutch democracy has a foreign head of state spoken in the House of Representatives.

    “There is a good reason for this: democratic decision-making in the Dutch parliament should be entirely independent, shielded from foreign influence and unhindered by foreign interests,” the FvD noted in a statement.

    Consider donating to support our work

    Help us to produce more articles like this. FreeWestMedia is depending on donations from our readers to keep going. With your help, we expose the mainstream fake news agenda.

    Keep ​your language polite​. Readers from many different countries visit and contribute to Free West Media and we must therefore obey the rules in​,​ for example​, ​Germany. Illegal content will be deleted.

    If you have been approved to post comments without preview from FWM, you are responsible for violation​s​ of​ any​ law. This means that FWM may be forced to cooperate with authorities in a possible crime investigation.

    If your comments are subject to preview ​by FWM, please be patient. We continually review comments but depending on the time of day it can take up to several hours before your comment is reviewed.

    We reserve the right to del​ete​ comments that are offensive, contain slander or foul language, or are irrelevant to the discussion.

    Europe

    Berlin: 2777 knife attacks in one year

    BerlinThroughout Germany, knife crime has increased dramatically in recent years. Whether in the pedestrian zone or on the ICE, at fairs or in department stores – the uncertainty has grown dramatically because aggressive stabbers can now be expected anywhere. An open secret is that the perpetrators disproportionately often come from migrant milieus.

    Qatar gas contract signals more problems for Germany

    BerlinA month-long tragedy has finally found its happy ending – albeit rather symbolically. After Federal Economics Minister Habeck (Greens) was rebuffed in Qatar in the spring when he was looking for a replacement for the boycotted Russian gas, reports of an agreement are now making the rounds.

    Whites a minority in Britain’s largest cities

    LondonWhite Britons no longer form a majority in the two largest English cities for the first time in history.

    Parallel society: Ukrainian children in German schools

    MunichAround one million Ukrainians have left their homeland due to the war in recent months and sought refuge in Germany. Among the refugees are tens of thousands of children who are now going to school in Germany. But there are simply too many and the problems are mounting.

    Zelensky entrusts management of private investments in Ukraine to BlackRock

    KievThe Ukrainian government is teaming up with American investment firm BlackRock to "reboot its economy". A Memorandum of Understanding was signed on November 10, the Ukrainian Economy Ministry announced the next day. This agreement concerns the creation of a platform to attract private capital.

    Climate fanatics target airports

    BerlinThe climate fanatics of the Last Generation are no longer an annoying nuisance but have become a danger to life and limb due to the benevolent approval of Germany's spy chief Thomas Haldenwang. Their actions are increasingly radical, on the verge of terrorism aimed at airports and concert halls.

    Moroccans trash Belgian cities after WC victory

    BrusselsVictory turned into a riot on Sunday 27 November, as violence broke out in Brussels after the victory of the Moroccan team against Belgium in the football World Cup. The Atlas Lions won by two goals to nil and thus triumphed over the Belgian team.

    ‘Migrants only ever lose their passports, never their knives’

    TraiskirchenAgainst the background of the continuing mass influx of asylum seekers, the Austrian FPÖ presents itself again with a winning campaign to deal with the crisis. At a press conference on Wednesday, three leading FPÖ politicians gave more details – in Traiskirchen, Lower Austria, of all places, which is the seat of a large first reception center and has been a "hot spot" for the mass influx for months.

    Twitter’s Brussels office dismantled

    BrusselsThe move by Elon Musk to rid the online platform of "woke" ideologues, has sparked EU concern over online content control. With Twitter dismantling its entire Brussels office, some EU officials claim the platform will no longer comply with their new rules on controlling online content.

    In 4 years, 343 terror convicts have been released in France

    ParisPrisoners convicted of terrorism-related offences are monitored by the judiciary and intelligence services upon their release. This has been a huge cost to French taxpayers.

    Go to archive