Dutch think tank projects 5.2 pct inflation rate in 2022, stresses uncertainty
STORY: Dutch think tank projects 5.2 pct inflation rate in 2022, stresses uncertainty
DATELINE: March 12, 2022
LENGTH: 00:00:42
LOCATION: THE HAGUE,the Netherlands
CATEGORY: ECONOMY
SHOTLIST:
1. Various of a gas station in the Hague, the Netherlands, March 10, 2022.
2. Various of busy business streets in the center of the Hague, the Netherlands, March 10, 2022.
STORYLINE:
Inflation in the Netherlands is projected to rise significantly in 2022 as energy prices continue to soar, the Bureau for Economic Policy Analysis (CPB) said on Wednesday.
In its "Central Economic Plan 2022," the government's macroeconomic think tank outlined its key economic projections for the current year.
The continued increase in energy prices comes on top of an already high inflation rate, which is partly due to the economic impact of the COVID-19 pandemic.
The CPB expects inflation in the Netherlands to be 5.2 percent in 2022. In the worst-case scenario, if energy prices remain high, inflation could hit 6 percent. In the most op
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