The annual inflation rate in the Netherlands eased to 3.1% in June 2025 from 3.3% in May, marking the lowest level since May 2024. The main downward pressure came from moderated inflation for industrial goods excluding energy and motor fuels (0.6% vs. 1.8% in May), and food, beverages, and tobacco (4.6% vs. 7.1%). Meanwhile, services inflation picked up to 4.4% compared to 3.8% in the prior period, and costs rebounded for energy including motor fuels (0.6% vs. -1%). On a monthly basis, consumer prices are expected to stall following a 0.5% fall in May. Meanwhile, the harmonized consumer prices used for EU comparisons are projected to rise 2.8% year-on-year, slightly easing from a 2.9% increase previously.