Belgium Inflation Slows in June

2026-06-29 10:13 By Larissa Caser 1 min. read

Belgium's annual inflation eased to 3.4% in June 2026 from 4.08% in May, slowing for the first time in four months.

Energy inflation slowed to 10.3% from 11.2%, while motor fuel prices were 18.8% higher than a year earlier but fell 6.4% from the previous month.

The moderation was also driven by food prices, which declined 0.1% after rising 1.2% in May, and softer inflation for transport (5.5% vs 7.9%).

Inflation also eased for clothing and footwear (1.2% vs 2.3%), furnishings (0.1% vs 0.4%), information and communication (1.6% vs 1.9%), and restaurants and hotels (4.1% vs 5.9%).

Meanwhile, inflation accelerated for housing and utilities (4.6% vs 3.6%), reflecting faster electricity price growth (6.2% vs 2.9%), as well as for recreation and culture (8.3% vs 8.1%) and health (6.7% vs 6.6%).

Inflation was unchanged for education (2.4%) and financial services (2.2%).

On a monthly basis, consumer prices fell 0.3% in June after rising 0.08% in May.



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Belgium Inflation Slows in June
Belgium's annual inflation eased to 3.4% in June 2026 from 4.08% in May, slowing for the first time in four months. Energy inflation slowed to 10.3% from 11.2%, while motor fuel prices were 18.8% higher than a year earlier but fell 6.4% from the previous month. The moderation was also driven by food prices, which declined 0.1% after rising 1.2% in May, and softer inflation for transport (5.5% vs 7.9%). Inflation also eased for clothing and footwear (1.2% vs 2.3%), furnishings (0.1% vs 0.4%), information and communication (1.6% vs 1.9%), and restaurants and hotels (4.1% vs 5.9%). Meanwhile, inflation accelerated for housing and utilities (4.6% vs 3.6%), reflecting faster electricity price growth (6.2% vs 2.9%), as well as for recreation and culture (8.3% vs 8.1%) and health (6.7% vs 6.6%). Inflation was unchanged for education (2.4%) and financial services (2.2%). On a monthly basis, consumer prices fell 0.3% in June after rising 0.08% in May.
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Belgium’s annual inflation rose to 4.01% in April 2026, from 1.65% in March, marking the highest reading since January 2025. Energy prices surged to 10.58%, rebounding from a 4.41% decline in the previous month. Similarly, natural gas prices picked up to 11.4% from a 14.7% drop previously, while motor fuel prices soared by 27.4%. Inflation was primarily driven by stronger price growth in transport, which accelerated to 7.8% from 5.0%, followed by alcoholic beverages, tobacco and narcotics (2.46% vs 0.36% in March), information and communication (3.49% vs 2.97%), recreation and culture (6.85% vs 5.27%), and miscellaneous goods and services (1.76% vs 0.96%). At the same time, prices rebounded for food and non-alcoholic beverages (1.89% vs -0.87%) and housing and utilities (3.02% vs -3.00%). On a monthly basis, consumer prices increased by 1.47%, the fastest pace since October 2022, following a 0.12% gain in the previous month.
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