Inflation in Belgium
Belgium - Inflation
Inflation jumps to highest level in more than two years
In March, consumer prices added 0.5% over the previous month, which was a notch below the 0.6% increase observed in February. The monthly rise mainly reflected higher prices for motor fuels and heating oil, which were partially offset by lower prices for cut flowers and vegetables. Annual headline inflation rose from 3.4% in February to 3.5% in March, which marked the highest inflation rate since October 2008. That said, HICP inflation (based on the harmonized index of consumer prices) fell from 3.7% in January to 3.5% in February (the last month for which data are available), driving annual average HICP inflation to 2.8%. The Central Bank expects HICP inflation to average 2.1% this year.
Belgium - Inflation Data
|Inflation Rate (CPI, annual variation in %)||1.1||0.3||0.6||2.0||2.1|
5 years of economic forecasts for more than 30 economic indicators.
Belgium Inflation Chart
Source: Statistics Belgium and FocusEconomics calculations.
|Bond Yield||0.43||0.15 %||May 13|
|Exchange Rate||1.12||0.65 %||May 13|
|Stock Market||3,452||-0.23 %||May 13|
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April 30, 2019
Five months after Prime Minister Charles Michel resigned following a no-confidence vote, Belgians will head to the polls on 26 May to elect a new government.
April 25, 2019
Industrial output increased 6.5% on an annual basis in February, up from a 4.4% increase in January.
April 24, 2019
The consumer confidence indicator produced by the National Bank of Belgium (NBB) dipped 1.0 point in April to minus 7.0 points.
March 25, 2019
The consumer confidence indicator produced by the National Bank of Belgium (NBB) edged up by 1.0 point in March to minus 6.0 points.
February 28, 2019
Belgium’s economy grew 0.3% quarter-on-quarter and in seasonally-adjusted terms in the fourth quarter of last year (Q3 2018: +0.3% quarter-on-quarter s.a.), according to a comprehensive estimate released by the National Bank of Belgium (NBB) on 28 February.