Inflation in Belgium

Belgium Inflation | Economic News & Forecasts

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

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)1.1  0.3  0.6  2.0  2.1  

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Belgium Inflation Chart


Belgium Inflation
Note: Annual variation of harmonized consumer price index (HICP) in %.
Source: Statistics Belgium and FocusEconomics calculations.

Belgium Facts

ValueChangeDate
Bond Yield0.540.15 %Mar 11
Exchange Rate1.120.65 %Mar 11
Stock Market3,569-0.23 %Mar 11

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