Belgium’s annual inflation rate climbed to 4.69% in September 2026, its highest level since May 2023, from 3.97% in the previous month. Energy inflation accelerated sharply to 24.4% from 16.5%, while inflation for housing and utilities surged to 9.5% from 6.9%. Transport inflation also increased to 7% from 5.3%. Additional upward pressure came from higher price growth in health (6.7% vs 6.6%), information and communication (1.9% vs 1.6%), and restaurants and hotels (5.1% vs 3.7%). In contrast, inflation in recreation, sports and culture eased to 8.9% from 9.2%, while food prices were unchanged from a year earlier, following a 0.3% increase in August. On a monthly basis, consumer price growth remained broadly stable, with prices rising 0.39% after a 0.41% increase in August. source: Statistics Belgium

Inflation Rate in Belgium increased to 4.69 percent in September from 3.97 percent in August of 2026. Inflation Rate in Belgium averaged 5.49 percent from 1921 until 2026, reaching an all time high of 222.81 percent in January of 1947 and a record low of -18.11 percent in October of 1921. This page provides the latest reported value for - Belgium Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Belgium Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.

Inflation Rate in Belgium increased to 4.69 percent in September from 3.97 percent in August of 2026. Inflation Rate in Belgium is expected to be 4.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Inflation Rate is projected to trend around 2.70 percent in 2027 and 2.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-28 09:30 AM
Inflation Rate YoY
Aug 3.97% 3.56% 3.8%
2026-09-29 09:30 AM
Inflation Rate YoY
Sep 4.69% 3.97% 4.5%
2026-10-29 10:30 AM
Inflation Rate YoY
Oct 4.69% 4.7%


Related Last Previous Unit Reference
Consumer Price Index CPI 104.42 104.01 points Sep 2026
CPI Housing Utilities 108.03 105.84 points Sep 2026
CPI Transportation 107.10 106.31 points Sep 2026
Food Inflation -0.01 0.26 percent Sep 2026
Inflation Rate YoY 4.69 3.97 percent Sep 2026
Inflation Rate MoM 0.39 0.39 percent Sep 2026
Producer Prices 130.70 128.10 points Aug 2026
PPI YoY 11.10 9.00 percent Aug 2026


Belgium Inflation Rate
In Belgium, the most important category in the consumer price index is Housing and Utilities (18 percent of total weight). Food and Non-Alcoholic Beverages account for 17 percent; Transport for 16 percent; Recreation and Culture for 9 percent; Miscellaneous Goods and Services for 9 percent and Restaurants and Hotels for 8 percent. Furniture, Household Goods and Maintenance; Clothing and Footwear; Communication; Health; Alcoholic Beverages and Tobacco and Education account for the remaining 23 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
4.69 3.97 222.81 -18.11 1921 - 2026 percent Monthly
2025=100

News Stream
Belgium Inflation Rate Climbs to Highest Since 2023
Belgium’s annual inflation rate climbed to 4.69% in September 2026, its highest level since May 2023, from 3.97% in the previous month. Energy inflation accelerated sharply to 24.4% from 16.5%, while inflation for housing and utilities surged to 9.5% from 6.9%. Transport inflation also increased to 7% from 5.3%. Additional upward pressure came from higher price growth in health (6.7% vs 6.6%), information and communication (1.9% vs 1.6%), and restaurants and hotels (5.1% vs 3.7%). In contrast, inflation in recreation, sports and culture eased to 8.9% from 9.2%, while food prices were unchanged from a year earlier, following a 0.3% increase in August. On a monthly basis, consumer price growth remained broadly stable, with prices rising 0.39% after a 0.41% increase in August.
2026-09-29
Belgium August Inflation at 3-Month High
Belgium’s annual inflation rate rose by 3.97% in August 2026 from 3.56% in the previous month, marking the strongest growth in three months. Energy prices jumped to 16.47% from 10.59%, while electricity inflation slowed to 7.8% from 7.9%. Moreover, costs increased for alcoholic beverages and tobacco (2.41% vs 1.22% in July), clothing and footwear (2.97% vs 1.21%), housing utilities (6.92% vs 4.88%), furniture and household equipment (0.46% vs 0.41%), transportation (5.29% vs 5.23%), information and communication (1.64% vs 0.92%), and insurance and financial services (3.69% vs 3.43%). Meanwhile, price growth moderated for food and non-alcoholic beverages (0.26% vs 0.29%), health (6.62% vs 6.66%), recreation and culture (8.16% vs 8.90%), and miscellaneous goods and services (1.68% vs 1.80%). On a monthly basis, consumer prices grew by 0.41% in August, easing from a 0.63% increase in July.
2026-08-28
Belgium Annual Inflation Edges Up in July
Belgium's annual inflation rate edged up to 3.56% in July 2026 from 3.4% in the previous month. Energy inflation accelerated slightly to 10.6% from 10.3%, while electricity prices rose at a faster pace (7.9% vs 6.2%). Additional upward pressure came from housing and utilities (4.6% vs 3.6%), driven in part by faster rent inflation (3.4% vs 3.2%), as well as recreation and culture (8.3% vs 8.1%), health (6.7% vs 6.6%), and insurance and financial services (2% vs 1.8%). Meanwhile, inflation eased for transport (5.5% vs 7.9%), restaurants and hotels (4.1% vs 5.9%), clothing and footwear (1.2% vs 2.3%), furnishings (0.1% vs 0.4%), and information and communication (1.6% vs 1.9%). Food prices fell 0.12% after rising 1.2% in June. On a monthly basis, consumer prices increased 0.63%, up from a 0.3% rise in the previous month.
2026-07-30