In November, consumer prices added 0.1% over the previous month, which followed on a price increase of the same magnitude in October, but undershot market expectations of a 0.2% rise. The November reading mainly reflected the start of the winter season, with higher prices for fresh food, as well as for fuel and heating oil. Annual inflation inched down from 3.0% in October to 2.9% in November, reversing the upward trend that began in December 2009. Meanwhile, annual average harmonised inflation jumped from 1.5% in September to 1.8% in October (the last month for which data are available). The October figure marked the highest level since July 2009. The Central Bank expects harmonised inflation to average to 2.0% this year and 1.9% in 2011.
Inflation inches down in November
November 29, 2010
Looking for forecasts related to Inflation in Belgium? Download a sample report now.
Belgium Economic News
September 23, 2016
In July, industrial production increased a seasonally-adjusted 1.9% over the previous month, which was above the 1.2% registered in June and represented a 6-months high.
Belgium: Business confidence recovers timidly but consumer confidence deteriorates further in September
September 23, 2016
The business confidence index produced by the National Bank of Belgium (NBB) rose from minus 3.1 points in August to minus 2.2 points in September.
August 31, 2016
In the second quarter of 2016, GDP increased a seasonally-adjusted 0.5% over the previous quarter, according to comprehensive data released by the National Bank of Belgium (NBB) on 31 August.
August 25, 2016
In June, industrial production increased a seasonally-adjusted 2.0% over the previous month, which contrasted the 0.4% contraction in May.
August 24, 2016
The business confidence index produced by the National Bank of Belgium (NBB) plummeted from plus 1.0 points in July to minus 3.1 points in August.