Dutch Sept inflation eases to 0.2% y/y as energy prices fall

AMSTERDAM (Reuters) - Consumer prices in the Netherlands remained virtually stable on average in September, as energy prices dropped from record levels while food prices continued to rise, a first estimate published by Dutch statistics agency CBS showed on Friday.

Inflation in September cooled to 0.2% from a year earlier, down from 3% in August, as energy was 38% cheaper than the year before. Prices of food and drink on average were still 10% higher than in September last year.

Falling energy prices have driven down inflation fast in the euro zone's fifth-largest economy this year, after it had hit a peak at a record level of 14.5% in September 2022.

(Reporting by Bart Meijer; Editing by Jacqueline Wong)