In December, consumer prices rose 0.4% over the previous month, which was above the 0.1% increase observed in November. The reading was the strongest price increase since May, mainly reflecting higher prices for fuels (+4.3% month-on-month) and for heating oil (+7.2% mom). Annual inflation rose from 2.9% in November to 3.1% in December, which represented the highest level since November 2008. Meanwhile, HICP inflation (based on the harmonised index of consumer prices) jumped to 3.4% in December (November: 3.0%), pushing annual average harmonised inflation to 2.3%. The Central Bank expects HICP inflation to average 2.0% this year and 1.9% in 2011.
Inflation rises to highest level in more than two years
December 29, 2010
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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.