Belgium’s annual inflation rose to 1.45% in February 2026 from an over two-year low of 1.10% in the prior month. Upward pressure came mostly from prices of health (6.47% vs 6.54% in January); restaurants & hotels (5.03% vs 4.83%); recreation, sport & culture (4.53% vs 3.59%); information & communication (3.06% vs 2.75%) and alcoholic beverages & tobacco (1.78% vs 0.64%). On the other hand, prices declined for housing & utilities (-2.18% vs -2.29%) and furnishings & household equipment (-0.09% vs -0.55%): On a monthly basis, the CPI increased by 0.54%, after rising by 0.44% in the preceding month. source: Statistics Belgium

Inflation Rate in Belgium increased to 1.45 percent in February from 1.10 percent in January of 2026. Inflation Rate in Belgium averaged 5.50 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 February of 2026.

Inflation Rate in Belgium increased to 1.45 percent in February from 1.10 percent in January of 2026. Inflation Rate in Belgium is expected to be 1.70 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 1.90 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-29 10:30 AM
Inflation Rate YoY
Jan 1.1% 2.06% 1.8%
2026-02-26 10:30 AM
Inflation Rate YoY
Feb 1.45% 1.1% 1.1%
2026-03-30 10:30 AM
Inflation Rate YoY
Mar 1.45% 1.7%


Related Last Previous Unit Reference
Consumer Price Index CPI 101.72 101.17 points Feb 2026
CPI Housing Utilities 103.25 103.25 points Jan 2026
CPI Transportation 100.35 101.60 points Jan 2026
Food Inflation 0.65 0.62 percent Feb 2026
Inflation Rate YoY 1.45 1.10 percent Feb 2026
Inflation Rate MoM 0.54 0.44 percent Feb 2026
Producer Prices 120.00 118.20 points Jan 2026
PPI YoY -0.60 -1.80 percent Jan 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
1.45 1.10 222.81 -18.11 1921 - 2026 percent Monthly
2025=100

News Stream
Belgium Inflation Rate Quickens in February
Belgium’s annual inflation rose to 1.45% in February 2026 from an over two-year low of 1.10% in the prior month. Upward pressure came mostly from prices of health (6.47% vs 6.54% in January); restaurants & hotels (5.03% vs 4.83%); recreation, sport & culture (4.53% vs 3.59%); information & communication (3.06% vs 2.75%) and alcoholic beverages & tobacco (1.78% vs 0.64%). On the other hand, prices declined for housing & utilities (-2.18% vs -2.29%) and furnishings & household equipment (-0.09% vs -0.55%): On a monthly basis, the CPI increased by 0.54%, after rising by 0.44% in the preceding month.
2026-02-26
Belgium Inflation Rate at 2023-Low
Belgium’s annual inflation rate eased to 1.1% in January 2026, the lowest reading since November 2023 and down from 2.06% in December 2025. The largest negative contribution to overall inflation came from housing and utilities, subtracting 0.43 percentage points, while the biggest positive contribution came from hotels and restaurants, adding 0.46 percentage points. Electricity prices declined (-4.3% versus 3.2%) and energy deflation accelerated (-9.24% versus -5%). Additionally, price growth eased for services (4.32% versus 4.54%) and rent (3.55% versus 3.91%), with food inflation slowing to 0.44%. Core inflation, which does not take into account price evolutions of energy products and unprocessed food, also fell to 2.54% in January, down from 3% in December. On a monthly basis, inflation rose to 0.44%, up from 0.07% in the previous month.
2026-01-29
Belgium Inflation Moderates in December
Belgium’s annual inflation eased to 2.06% in December 2025 from 2.4% in November, mainly driven by slower price growth in food and non-alcoholic beverages (2.81% vs 3.07% in November), alcoholic beverages and tobacco (1.64% vs 2.47%), health (1.34% vs 1.42%), furnishings, household equipment and maintenance (3.74% vs 4.58%), and recreation and culture (3.24% vs 5.27%), while prices declined in housing and utilities (-0.16% vs 0.95%). Offsetting some of the moderation, prices rebounded in clothing and footwear (0.28% vs -1.08%) and accelerated in transport (2.30% vs 1.84%). On a monthly basis, consumer prices rose 0.07%, following 0.56% in the previous month.
2025-12-23