Belgium Inflation Rate Edges Up in March

2026-03-30 10:49 By Larissa Caser 1 min. read

Belgium's annual inflation rose to 1.65% in March 2026, up from 1.45% in February.

Despite the uptick, energy prices fell by 4.41%, although less pronounced than the 7.89% drop recorded in the previous month.

Similarly, deflation eased for natural gas (-14.1% vs. -14.7%), while motor fuel prices rose by 11.9%.

Inflation was primarily driven by stronger price growth in transport, which accelerated to 5.0% from 1.6%, followed by clothing and footwear (3.3% versus 1.0%), recreation and culture (5.3% versus 4.5%), and health (6.6% versus 6.5%).

Downward pressures came mainly from housing and utilities (-3.0% versus -2.2%) and food (-0.9% versus 0.7%).

Meanwhile, inflation slowed for restaurants and hotels (4.3% versus 5.0%) and were unchanged for furnishings (0%) and education (2.4%).

On a monthly basis, consumer prices increased by 0.12%, down from an increase of 0.54% in the previous month.



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Belgium Inflation Rate Edges Up in March
Belgium's annual inflation rose to 1.65% in March 2026, up from 1.45% in February. Despite the uptick, energy prices fell by 4.41%, although less pronounced than the 7.89% drop recorded in the previous month. Similarly, deflation eased for natural gas (-14.1% vs. -14.7%), while motor fuel prices rose by 11.9%. Inflation was primarily driven by stronger price growth in transport, which accelerated to 5.0% from 1.6%, followed by clothing and footwear (3.3% versus 1.0%), recreation and culture (5.3% versus 4.5%), and health (6.6% versus 6.5%). Downward pressures came mainly from housing and utilities (-3.0% versus -2.2%) and food (-0.9% versus 0.7%). Meanwhile, inflation slowed for restaurants and hotels (4.3% versus 5.0%) and were unchanged for furnishings (0%) and education (2.4%). On a monthly basis, consumer prices increased by 0.12%, down from an increase of 0.54% in the previous month.
2026-03-30
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