Belgium’s annual inflation rate climbed to 9.65 percent in June of 2022, from 8.97 percent in May. It was the highest reading since October of 1982, underpinned by higher prices of food and non-alcoholic beverages (8.62 percent vs 6.62 percent in May); transport (14.23 percent vs 11.87 percent vs 10.6 percent), recreation and culture (4.8 percent vs 4.44 percent); and restaurants and hotels (4.58 percent vs 4.42 percent). Meanwhile, prices eased for housing and utilities (23.63 percent vs 24.91 percent). On a monthly basis, consumer prices rose 0.85 percent, edging up from a 0.77 percent rise in the previous month. source: Statistics Belgium

Inflation Rate in Belgium averaged 5.55 percent from 1921 until 2022, reaching an all time high of 222.81 percent in January of 1947 and a record low of -18.11 percent in October of 1921. This page provides the latest reported value for - Belgium Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Belgium Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

Inflation Rate in Belgium is expected to be 9.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Inflation Rate is projected to trend around 1.50 percent in 2023 and 1.70 percent in 2024, according to our econometric models.

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Belgium Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-05-30 09:30 AM May 8.97% 8.31% 8.45%
2022-06-29 09:30 AM Jun 9.65% 8.97% 9.7%
2022-07-28 09:30 AM Jul 9.65%


Related Last Previous Unit Reference
Inflation Rate 9.65 8.97 percent Jun 2022
Inflation Rate Mom 0.85 0.77 percent Jun 2022
Consumer Price Index CPI 122.04 121.01 points Jun 2022
Producer Prices 176.40 174.30 points May 2022
Food Inflation 8.60 6.60 percent Jun 2022
CPI Housing Utilities 137.16 137.03 points Jun 2022
CPI Transportation 127.19 124.32 points Jun 2022
Producer Prices Change 40.50 40.60 percent May 2022

Belgium Inflation Rate
In Belgium, the most important category in the consumer price index is Housing and Utilities (17.6 percent of total weight). Food and Non-Alcoholic Beverages accounts for 16.4 percent; Transport for 15.9 percent; Recreation and Culture for 9.3 percent; Miscellaneous Goods and Services for 9 percent and Restaurants and Hotels for 7.8 percent. Furniture, Household Goods and Maintenance; Clothing and Footwear; Communication; Health; Alcoholic beverages and Tobacco and Education account for the remaining 24 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
9.65 8.97 222.81 -18.11 1921 - 2022 percent Monthly
2013=100

News Stream
Belgium Inflation Rate at Over 39-1/2-year High
Belgium’s annual inflation rate climbed to 9.65 percent in June of 2022, from 8.97 percent in May. It was the highest reading since October of 1982, underpinned by higher prices of food and non-alcoholic beverages (8.62 percent vs 6.62 percent in May); transport (14.23 percent vs 11.87 percent vs 10.6 percent), recreation and culture (4.8 percent vs 4.44 percent); and restaurants and hotels (4.58 percent vs 4.42 percent). Meanwhile, prices eased for housing and utilities (23.63 percent vs 24.91 percent). On a monthly basis, consumer prices rose 0.85 percent, the most since July last year, and edging up from a 0.77 percent rise in the previous month.
2022-06-29
Belgium Inflation Rate Highest Since 1982
Belgium’s annual inflation rate climbed to 8.97 percent in May of 2022, from 8.31 percent in April. It was the highest reading since August of 1982, underpinned by higher prices of food and non-alcoholic beverages (6.6 percent vs 5.3 percent in April); transport (11.87 percent vs 10.6 percent); and housing and utilities (24.9 percent vs 24.2 percent). On a monthly basis, consumer prices went up by 0.8 percent following a 0.3 percent uptick in the previous month.
2022-05-30
Belgium Inflation Remained at a 39-Year High
Belgium’s annual inflation rate stood at 8.31 percent in April of 2022, unchanged from March and the highest since March 1983. Prices advanced faster for food and non-alcoholic beverages (5.31 percent vs 4.82 percent in March), recreation & culture (3.56 vs 2.57 percent) and miscellaneous goods & services (4.37 percent vs 3.73 percent). On the other hand, prices slowed for housing & utilities (24.22 percent vs 24.82 percent) and transport (10.60 percent vs 11.24 percent). On a monthly basis, consumer prices increased by 0.33 percent, easing from the 0.52 percent increase in March.
2022-04-28