Cost of food in Belgium increased 6.60 percent in May of 2022 over the same month in the previous year, the highest since August of 2008. source: Statistics Belgium
Food Inflation in Belgium averaged 2.18 percent from 2007 until 2022, reaching an all time high of 7.62 percent in May of 2008 and a record low of -1.58 percent in May of 2021. This page provides the latest reported value for - Belgium Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Belgium Food Inflation - values, historical data and charts - was last updated on June of 2022.
Food Inflation in Belgium is expected to be 2.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Food Inflation is projected to trend around 1.00 percent in 2023, according to our econometric models.