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||-0.33||0.15 %||Sep 04|
|Exchange Rate||1.10||0.65 %||Sep 04|
|Stock Market||3,589||-0.23 %||Sep 04|
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August 23, 2019
Industrial output rose 11.6% on a year-on-year seasonally-adjusted basis in June, accelerating from May’s downwardly revised 2.0% increase (previously reported: +2.5% year-on-year seasonally adjusted), marking the fastest expansion since July 2010.
July 30, 2019
Belgium’s economy grew 0.2% quarter-on-quarter and in seasonally-adjusted terms in the second quarter (Q1: +0.3% quarter-on-quarter s.a.), according to a first estimate released by the National Bank of Belgium (NBB) on 30 July.
July 25, 2019
Industrial output increased 2.5% on a year-on-year seasonally-adjusted basis in May, down from April’s 5.7% result, which had marked the fastest expansion in 28 months.
July 24, 2019
Meanwhile, the NBB’s business confidence indicator inched down in July to minus 5.0 points from minus 4.9 points in June, marking the fourth consecutive monthly deterioration of the index.
July 19, 2019
The consumer confidence indicator produced by the National Bank of Belgium (NBB) rose 1 point in July to minus 6 points.