# Eurozone inflation rises to 4% on higher energy prices

> Eurostat's preliminary estimate puts October eurozone inflation at its highest since September 2023, while Dutch inflation reached 3.7%, according to CBS.

Economy · published 2026-11-04 10:30 · https://nlnow.nl/a/eurozone-inflation-rises-to-4-on-higher-energy-prices/

Inflation in the eurozone rose to 4% in October, the highest since September 2023, according to a preliminary estimate from Eurostat, the EU's statistics office. Economists had also expected 4%.

**Dutch inflation is below the euro area average of 4.0% on the EU measure** (Annual inflation, October 2026, flash estimate, EU harmonised measure (HICP), %. On its national measure CBS puts the Netherlands at 3.7%; source: Eurostat)

- Lithuania: 6.1
- Bulgaria: 6
- Greece: 5.6
- Italy: 5.6
- Cyprus: 5.4
- Belgium: 5.2
- Spain: 4.9
- Luxembourg: 4.9
- Croatia: 4.4
- Ireland: 4
- Portugal: 3.9
- France: 3.8
- Slovenia: 3.8
- Estonia: 3.6
- Austria: 3.5
- Finland: 3.4
- Netherlands: 3.3
- Latvia: 3
- Slovakia: 2.9
- Germany: 2.8
- Malta: 2.3

In the Netherlands, prices in October were 3.7% higher than a year earlier, up from 3.4% in September, CBS figures show. That is the highest Dutch rate since April 2025, when it was 4.0%. A year ago, in October 2025, it was 3.1%.

**Dutch inflation is at its highest since April 2025** (%; source: CBS)

- Oct 2025: 3.1
- Nov 2025: 2.8
- Dec 2025: 2.9
- Jan 2026: 2.4
- Feb 2026: 2.4
- Mar 2026: 2.7
- Apr 2026: 2.8
- May 2026: 3.5
- Jun 2026: 2.9
- Jul 2026: 3.2
- Aug 2026: 3.3
- Sep 2026: 3.4
- Oct 2026: 3.7

Higher fuel and energy prices are driving the rise. Oil and gas prices have climbed sharply since the war in the Middle East, the Iran war, began at the end of February.

Eurozone inflation was 1.9% in February, before the war. It reached 3.2% in August and 3.8% in September.

Dutch inflation was 2.4% in February and 2.8% in April. It reached 3.5% in May and fell to 2.9% in June, CBS figures show. It then rose every month: 3.2% in July, 3.3% in August and 3.4% in September.

## Background

- **CBS (Centraal Bureau voor de Statistiek)**: Statistics Netherlands, the independent government body that produces the official statistics on the Dutch economy and society.
- **Eurostat**: Eurostat is the statistical office of the European Union, based in Luxembourg, that collects and publishes official statistics for the EU and its member states. In the Netherlands, its figures are often cited alongside Statistics Netherlands (CBS) when comparing Dutch data with other countries, such as inflation. Its monthly inflation estimates for the euro area are the standard reference for the European Central Bank's price-stability target.

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