Dutch CPI Dips into Negative Territory in November, Deflation Concerns Arise

According to the latest data released on December 9, 2025, the Netherlands' Consumer Price Index (CPI) experienced a notable decline in November, registering at -0.80%. This follows a CPI of 0.30% in October 2025, marking a significant month-over-month change that raises deflationary concerns.

The drop into negative CPI territory indicates that prices on average have fallen compared to the previous month, highlighting a reversal from October's still positive inflation growth. The shift from mild inflation to deflation could present potential challenges for economic policymakers. A persistently negative CPI might suppress consumer spending as households could delay purchases in anticipation of lower prices, stalling economic growth.

Analysts and economists will be closely monitoring how this trend develops in the coming months and whether it reflects broader economic conditions such as weakened demand or if it's an anomaly due to temporary factors. The Dutch government's response, along with guidance from the European Central Bank, will be crucial in addressing inflationary targets and ensuring economic stability in the Eurozone's fourth largest economy.