Cost of food in Belgium increased 1.47 percent in December of 2018 over the same month in the previous year. Food Inflation in Belgium averaged 2.37 percent from 2007 until 2018, reaching an all time high of 7.62 percent in May of 2008 and a record low of -1.37 percent in October of 2014.
Food Inflation in Belgium is expected to be 2.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Belgium to stand at 2.40 in 12 months time. In the long-term, the Belgium Food Inflation is projected to trend around 2.40 percent in 2020, according to our econometric models.