Consumer prices in the Netherlands fell in January 2026, with the country’s Consumer Price Index (CPI) declining by 0.70% month-over-month, according to data updated on 12 February 2026. This marks a sharp reversal from December 2025, when prices had still inched up by 0.20% compared with November 2025.
On a month-over-month basis, the latest reading shows that the overall price level in January was lower than in December, contrasting with the modest increase recorded in the previous month. The “Actual” figure for January (-0.70%) reflects the change from December 2025 to January 2026, while the “Previous” figure (0.20%) describes the movement from November to December 2025.
The negative January print suggests a cooling in short-term inflationary pressures at the start of 2026, as Dutch consumers and businesses saw a broad easing in prices compared with the final month of 2025. Investors and policymakers will be watching subsequent releases closely to assess whether this decline signals a temporary correction or the start of a more persistent disinflationary trend.