Belgium’s annual inflation rate climbed to 7.6 percent in January of 2022 from 5.7 percent in the previous month. It was the highest reading since August of 1983, as prices jumped for housing and utilities (27 percent vs 18.2 percent in December); and accelerated for food and non-alcoholic beverages (2.4 percent vs 1.2 percent in December); and transport (8.7 percent vs 8 percent). To a lesser extent, prices also rose for miscellaneous goods and services (3.5 percent vs 2.3 percent) and restaurants and hotels (4.9 percent vs 4.4 percent). On the other hand, inflation remained steady for clothing and footwear (at 0.81 percent) whereas eased slightly for recreation and culture (2.9 percent vs 3 percent). On a monthly basis, consumer prices advanced 2.23 percent, jumping from a 0.1 percent uptick in the previous month. source: Statistics Belgium

Inflation Rate in Belgium averaged 5.54 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 January of 2022.

Inflation Rate in Belgium is expected to be 5.20 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 1.70 percent in 2023, according to our econometric models.

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Belgium Inflation Rate


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
7.59 5.71 222.81 -18.11 1921 - 2022 percent Monthly
2013=100

Calendar GMT Actual Previous Consensus TEForecast
2021-12-23 10:30 AM Dec 5.71% 5.64% 6.6%
2022-01-28 10:30 AM Jan 7.59% 5.71% 5.7%
2022-02-25 10:30 AM Feb 7.59%


Related Last Previous Unit Reference
Inflation Rate 7.59 5.71 percent Jan/22
Inflation Rate Mom 2.23 0.10 percent Jan/22
Consumer Price Index CPI 118.32 115.74 points Jan/22
Producer Prices 150.70 146.40 points Nov/21
Food Inflation 1.18 0.24 percent Dec/21
CPI Housing Utilities 136.93 126.92 points Jan/22
CPI Transportation 117.57 116.44 points Jan/22
Producer Prices Change 31.40 28.10 percent Nov/21


News Stream
Belgium Inflation Rate Climbs to 38-1/2-Year High
Belgium’s annual inflation rate climbed to 7.6 percent in January of 2022 from 5.7 percent in the previous month. It was the highest reading since August of 1983, as prices jumped for housing and utilities (27 percent vs 18.2 percent in December); and accelerated for food and non-alcoholic beverages (2.4 percent vs 1.2 percent in December); and transport (8.7 percent vs 8 percent). To a lesser extent, prices also rose for miscellaneous goods and services (3.5 percent vs 2.3 percent) and restaurants and hotels (4.9 percent vs 4.4 percent). On the other hand, inflation remained steady for clothing and footwear (at 0.81 percent) whereas eased slightly for recreation and culture (2.9 percent vs 3 percent). On a monthly basis, consumer prices advanced 2.23 percent, jumping from a 0.1 percent uptick in the previous month.
2022-01-28
Belgium Inflation Rate at Over 13-Year High
Belgium’s annual inflation rate rose to 5.7 percent in December of 2021 from 5.6 percent in the previous month. It was the highest reading since July of 2008, as prices accelerated for food and non-alcoholic beverages (1.2 percent vs 0.2 percent in November), recreation and culture (3 percent vs 2.6 percent), and restaurants and hotels (4.4 percent vs 4.2 percent). On the other hand, inflation eased for housing and utilities (18.2 percent vs 18.6 percent) and transportation (8 percent vs 9 percent). On a monthly basis, consumer prices rose slightly rose by 0.1 percent, easing from a 1.25 percent increase in the prior month.
2021-12-23
Belgium Inflation Rate at Over 13-Year High
Belgium’s annual inflation rate surged to 5.6 percent in November of 2021 from 4.2 percent in October. It was the highest reading since July of 2008, as prices accelerated for housing and utilities (18.6 percent vs 12.1 percent in October), transportation (9 percent vs 7.6 percent), alcoholic drinks and tobacco (4.9 percent vs 3.3 percent), and restaurants and hotels (4.2 percent vs 3.3 percent). Also, prices rebounded for food and alcoholic drinks (0.2 percent vs -0.3 percent). On a monthly basis, consumer prices rose by 1.25 percent in November, slowing from a 1.5 percent increase in the previous month.
2021-11-29