In October, consumer prices added 0.1% over the previous month, which came in below the 0.3% increase observed in September. The main drivers behind the October reading were higher prices for meat, as well as for electricity, which were offset by lower prices for vegetables. In spite of the small price increase, annual inflation rose from 2.9% in September to 3.0%, which marked the highest level since November 2008. In addition, annual average harmonised inflation (HICP) jumped from 1.2% in August to 1.5% in September (the last month for which data are available). September's figure marked the highest level since August 2009. The Central Bank expects harmonised inflation to average to 2.0% this year and 1.9% in 2011.
Inflation rises to the highest level in over two years
October 28, 2010
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Belgium Economic News
October 21, 2016
The business confidence index produced by the National Bank of Belgium (NBB) rose from minus 2.2 points in September to minus 1.8 points in October.
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.
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.
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.