Belgium Producer Inflation at 2023-Highs

2026-05-29 09:42 By Larissa Caser 1 min. read

Producer prices in Belgium surged by 8.7% year-on-year in April 2026, accelerating sharply from a 3.5% increase in March and marking the strongest rise since March 2023.

The acceleration was driven by both domestic prices, which climbed 8.2% after rising 3.7% in March, and non-domestic prices, which jumped 9.7% following a 3.3% increase.

Price pressures were broad-based across industries, led by manufacturing, where producer prices surged 9.3%, up significantly from 4.7% in the previous month.

Inflation rebounded for mining and quarrying (0.6% vs -0.1%) and electricity, gas, steam and air conditioning supply (2.5% vs -9.1%).

Meanwhile, inflation stood for water supply, sewerage, waste management, and remediation activities at 4.2%.

On a monthly basis, producer prices rose 2.9% in April, mainly driven by a 7.4% increase in energy prices.

Excluding energy, producer prices were up 1.7% from the previous month.



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Belgium Producer Inflation at 2023-Highs
Producer prices in Belgium surged by 8.7% year-on-year in April 2026, accelerating sharply from a 3.5% increase in March and marking the strongest rise since March 2023. The acceleration was driven by both domestic prices, which climbed 8.2% after rising 3.7% in March, and non-domestic prices, which jumped 9.7% following a 3.3% increase. Price pressures were broad-based across industries, led by manufacturing, where producer prices surged 9.3%, up significantly from 4.7% in the previous month. Inflation rebounded for mining and quarrying (0.6% vs -0.1%) and electricity, gas, steam and air conditioning supply (2.5% vs -9.1%). Meanwhile, inflation stood for water supply, sewerage, waste management, and remediation activities at 4.2%. On a monthly basis, producer prices rose 2.9% in April, mainly driven by a 7.4% increase in energy prices. Excluding energy, producer prices were up 1.7% from the previous month.
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Producer prices in Belgium rose by 3.5% year-on-year in March 2026, rebounding from a 0.4% drop in the previous month. This marked the first producer inflation in 2026 and the strongest growth in January 2025, driven by higher prices in the domestic market (3.7% vs 1% in February), while costs recovered in the non-domestic markets (3.3% vs 3.6%). Among sectors, prices increased for manufacturing (4.7% vs 0.3%). Additionally, deflation slowed for mining and quarrying (-0.1% vs -0.7%). In contrast, costs moderated for water supply, sewerage, waste management, and remediation activities (4.2% vs 4.4%), while prices declined further for electricity, gas, steam, and air-conditioning supply (-9.1% vs -8.8%). On a monthly basis, producer prices advanced by 3.3% in March, following a 0.4% gain in the preceding period.
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Belgium Producer Prices Fall at Softer Pace
Producer prices in Belgium fell by 0.4% year-on-year in February 2026, easing from a 0.6% drop in the previous month. This marked the fifth consecutive month of decline but the softest pace since October, driven by higher prices in the domestic market (1% vs 0.9% in January), while costs declined less in non-domestic markets (-3.6% vs -4%). Among sectors, prices increased for manufacturing (0.3% vs -0.1%) and water supply, sewerage, waste management and remediation activities (4.4% vs 16.4%). Additionally, deflation eased for mining and quarrying (-0.7% vs -1.2%). In contrast, costs decreased faster for electricity, gas, steam and air conditioning supply (-8.8% vs -7.4%). On a monthly basis, producer prices rose by 0.4% in February, slowing from a 1.5% gain in the preceding period.
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