The annual inflation rate in the Netherlands slowed to 2.4% in January 2026, confirming preliminary estimates and from a revised 2.9% in December. This marked the lowest reading since December 2023, largely due to a sharp moderation in food and non-alcoholic beverage inflation (2% vs 3.3%). Inflation also eased for housing and utilities (3.8% vs 4.1%), health (1% vs 4.5%), recreation, sports and culture (2.2% vs 3.2%), restaurants and accommodation (3.9% vs 4.7%), insurance and financial services (4.2% vs 6.1%), and miscellaneous goods and services (3.8% vs 4%). Meanwhile, prices declined for clothing and footwear (-0.5% vs 1%) and information and communication (-0.6% vs -1.9%). In contrast, transport costs rose at a faster pace (2.1% vs 1.9%), as did household goods and services (1.5% vs 0.5%). On a monthly basis, the CPI fell 0.7%, following a 0.2% increase in December. HICP inflation, which excludes owner-occupied housing, rose 2.2% year-on-year, easing from 2.7% in December.