Belgium Inflation
Harmonized inflation falls to near two-year low in June
Harmonized inflation came in at 1.6% in June, which was down from May’s 2.7%. June’s reading represented the lowest inflation rate since July 2021. The decline was broad-based, with reduced inflation recorded for food and non-alcoholic beverages and lower prices for transportation and housing and utilities.
In addition, the trend pointed down, with annual average harmonized inflation coming in at 7.6% in June (May: 8.3%). Meanwhile, consumer price inflation fell to 4.2% in June, from the previous month’s 5.2%.
Finally, harmonized consumer prices dropped 0.10% from the previous month in June, contrasting the 0.21% rise logged in May.
Belgium Inflation Chart
This chart displays Inflation (HICP, ann. var. %, aop) for Belgium from 2013 to 2022.
Belgium Inflation Data
| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Inflation (HICP, ann. var. %, aop) | 2.3 | 1.2 | 0.4 | 3.2 | 10.3 |
| Inflation (HICP, ann. var. %, eop) | 2.2 | 0.9 | 0.4 | 6.6 | 10.2 |