Harmonized inflation fell to 7.4% in January (December: 10.2%), its lowest rate since December 2021, on lower energy prices. However, core inflation rose above the headline reading on second-round effects. Inflation should ease this year on higher interest rates and lower commodity prices. Higher-than-expected gas prices and a potential wage-price spiral pose upside risks.
Belgium 10-Year Bond Yield (%, eop) Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| 10-Year Bond Yield (%, eop) | 0.57 | 0.77 | 0.08 | -0.39 | 0.18 |