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2 clusters · 4 sources · 6 days · First seen 12 days ago · Last updated 7 days ago

Dutch food delivery impact on inflation

Overview

De Nederlandsche Bank (DNB) has identified food delivery and takeaway services as a significant driver of inflation in the Netherlands. Analysis shows that household spending in this sector has nearly doubled over the last decade, increasing from approximately 1.6 percent of total expenditure in 2015 to over 3 percent currently.

Economists suggest that the COVID-19 pandemic and the rise of remote work accelerated these consumer habits. While the sector’s contribution to annual inflation was less than 0.1 percentage points before 2020, it reached 0.35 percentage points in 2023 due to rising labor, energy, and wholesale food costs. Although this impact recently slowed to 0.13 percentage points, the DNB warns that because delivery now represents a larger portion of household budgets, future price fluctuations in this sector will have a more pronounced effect on the Dutch consumer price index.

Entities

OpenAI · De Nederlandsche Bank · Kifid · Hoogvliet · Belastingdienst

Timeline

7 days ago

[BUSINESS] 2 sources
Dutch consumer and economic updates: housing, advertising, and recalls
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12 days ago

[BUSINESS] 2 sources
De Nederlandsche Bank: Food delivery driving Dutch inflation
The Dutch central bank reports that food delivery spending has nearly doubled in a decade, making the sector a more significant contributor to national inflation due to changing consumer habits.

Sources

bl-portal.com · dagelijksestandaard.nl · emerce.nl · respekt.ba