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. source: Statistics Belgium
Inflation Rate in Belgium increased to 3.97 percent in August from 3.56 percent in July 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 August of 2026.
Inflation Rate in Belgium increased to 3.97 percent in August from 3.56 percent in July of 2026. Inflation Rate in Belgium is expected to be 3.20 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 2.30 percent in 2027 and 2.00 percent in 2028, according to our econometric models.