Belgium Inflation Hits 18-Month Low

Belgium’s annual inflation eased slightly to 1.91% in August 2025 from 1.92% in the previous month, marking its lowest level since January 2024.

The slowdown was driven by softer price increases in most categories, specifically in food and non-alcoholic beverages (2.63% vs 3.10% in July), housing and utilities (2.48% vs 2.77%), miscellaneous goods and services (2.95% vs 3.14%), and alcoholic beverages and tobacco (2.74% vs 5.32%).

Meanwhile, deeper deflation was recorded in clothing and footwear (-3.13% vs -2.96%).

In contrast, prices rebounded in transportation (0.83% vs -0.35%).

On a monthly basis, consumer prices fell by 0.01% in August, reversing the previous month’s 0.49% rise.