Cost of food in Belgium increased 1.09 percent in January of 2020 over the same month in the previous year. Belgium Food Inflation - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Food Inflation in Belgium averaged 2.24 percent from 2007 until 2020, reaching an all time high of 7.62 percent in May of 2008 and a record low of -1.37 percent in October of 2014. This page provides the latest reported value for - Belgium Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Statistics Belgium
Food Inflation in Belgium is expected to be 1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Belgium to stand at 1.40 in 12 months time. In the long-term, the Belgium Food Inflation is projected to trend around 1.70 percent in 2021, according to our econometric models.