Annual inflation rate in Belgium increased to 0.76% in December 2019 from 0.39% in the previous month. It was the highest inflation since September, as cost advanced faster for food & non-alcoholic beverages (0.44% from 0.21% in November); transport (1.99% from 0.87%) and miscellaneous goods & services (2.22% from 2.01%). In addition, inflation was steady for education (at 1.54%) while prices rebounded for communication (0.45% from -0.34%). On the other hand, prices slowed for recreation & culture (2.33% from 2.5%); restaurant & hotels (1.83% from 2.46%); furniture & household equipment (0.6% from 0.68%); clothing & footwear (1.20% from 1.23%); health (0.36% from 0.39%) and alcoholic beverages & tobacco (2.07% from 2.24%). Meantime, prices continued to fall for housing & utilities (-2.02% from -2.79%). On a monthly basis, consumer prices went up 0.13%, following a 0.06% in November. Inflation Rate in Belgium averaged 5.62 percent from 1921 until 2019, reaching an all time high of 222.81 percent in January of 1947 and a record low of -18.11 percent in October of 1921. source: Statistics Belgium

Inflation Rate in Belgium is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Belgium to stand at 1.50 in 12 months time. In the long-term, the Belgium Inflation Rate is projected to trend around 1.50 percent in 2020, according to our econometric models.

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Belgium Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.76 0.39 222.81 -18.11 1921 - 2019 percent Monthly
2013=100



Calendar GMT Actual Previous Consensus TEForecast
2019-09-27 09:30 AM Sep 0.8% 1.26% 1.4%
2019-10-30 10:30 AM Oct 0.48% 0.8% 0.6%
2019-11-28 10:30 AM Nov 0.39% 0.48% 0.6%
2019-12-23 11:00 AM Dec 0.76% 0.39% 0.4%
2020-01-30 10:30 AM Jan 0.76% 0.6%


News Stream
2019-11-28
Belgium Inflation Rate at 4-1/2-Year Low of 0.4%
Annual inflation rate in Belgium decreased to 0.4% in November 2019 from 0.5% in the previous month. It was the lowest inflation since April 2015, as cost slowed for miscellaneous goods & services (2% from 2.5%); restaurant & hotels (2.5% from 3.3%) and furniture & household equipment (0.6% from 0.7%). Also, prices continued to fall for housing & utilities (-2.8% from -2%) and communication (-0.3% from -0.6%) while inflation was steady for both clothing & footwear (at 1.2%) and education (at 1.5%). On the other hand, prices rebounded for food & non-alcoholic beverages (0.2% from -0.1%) and rose faster for transport (0.9% from 0.4%); recreation & culture (2.5% from 2.3%); alcoholic beverages & tobacco (2.2% from 2.1%) and health (0.4% from 0.3%). On a monthly basis, consumer prices edged up 0.1%, easing from a 0.4% gain in October.

2019-10-30
Belgium Inflation Rate Slows to 4-Year Low of 0.5%
Annual inflation rate in Belgium decreased to 0.5% in October 2019 from 0.8% in the previous month. It was the lowest inflation since July 2015, as cost slowed for transport (0.4% from 0.6% in September); furniture & household equipment (0.7% from 0.8%) and health (0.3% from 0.4%). In addition, prices fell for food & non-alcoholic beverages (-0.1% from 0.1%); housing & utilities (-2% from 0.1%) and communication (-0.6% from -0.7%). On the other hand, cost rose faster for recreation & culture (2.3% from 1.6%); miscellaneous goods & services (2.5% from 2.1%); restaurant & hotels (3.3% from 2.8%); clothing & footwear (1.2% from 1%); alcoholic beverages & tobacco (2.1% from 1.8%) and education (1.5% from 1.4%). On a monthly basis, consumer prices went up 0.4%, recovering from a 0.5% fall in September.

2019-09-27
Belgium Inflation Rate at Over 4-Year Low of 0.8%
Annual inflation rate in Belgium fell to 0.8 percent in September of 2019 from 1.3 percent in the previous month. It was the lowest inflation since July of 2015, as cost slowed for housing & utilities (0.1 percent from 0.4 percent in August); food & non-alcoholic beverages (0.1 percent from 1.8 percent); transport (0.6 percent from 0.7 percent); recreation & culture (1.6 percent from 2.2 percent); miscellaneous goods & services (2.1 percent from 2.2 percent); restaurant & hotels (2.8 percent from 3.4 percent)and alcoholic beverages & tobacco (1.8 percent from 2.5 percent). Meantime, inflation was steady for health (at 0.4 percent) and education (at 1.4 percent) while prices advanced faster for clothing & footwear (1 percent from 0.8 percent) and furniture & household equipment (0.8 percent from 0.6 percent). On a monthly basis, consumer prices went down 0.5%, after showing no growth in August.

2019-08-29
Belgium Inflation Rate at 4-Year Low of 1.3%
Annual inflation rate in Belgium decreased to 1.3 percent in August of 2019 from 1.4 percent in the previous month. It was the lowest inflation since September of 2015, as cost slowed for as cost slowed for housing & utilities (0.4 percent vs 0.9 percent in July); transport (0.7 percent vs 1.3 percent); recreation & culture (2.2 percent vs 2.5 percent); furniture & household goods (0.6 percent vs 0.9 percent) and clothing & footwear (0.8 percent vs 0.9 percent). Meantime, inflation was steady for miscellaneous goods & services (at 2.2 percent): health (at 0.4 percent) and education (at 1.4 percent) while prices fell for communication (-0.8 percent vs 0.1 percent). On the other, prices advanced faster for food & non-alcoholic beverages (1.8 percent vs 1.1 percent); alcoholic beverages & tobacco (2.5 percent vs 2.4 percent) and restaurant & hotels (3.4 percent vs 3.3 percent). On a monthly basis, consumer prices edged up 0.02 percent, after increasing 0.08 percent in July.

2019-07-30
Belgium Inflation Rate at 16-Month Low of 1.4%
Annual inflation rate in Belgium decreased to 1.4 percent in July of 2019 from 1.7 percent in the previous month. It was the lowest inflation since March of 2018, as cost slowed for housing & utilities (0.9 percent vs 2.5 percent in June); recreation & culture (2.5 percent vs 2.7 percent) and restaurant & hotels (3.3 percent vs 5.6 percent). On the other hand, prices advanced faster for food & non-alcoholic beverages (1.1 percent vs 0.8 percent); transport (1.3 percent vs 1.2 percent); miscellaneous goods & services (2.2 percent vs 2.1 percent); furniture & household goods (0.9 percent vs 0.6 percent); clothing & footwear (0.9 percent vs 0.4 percent); health (0.4 percent vs 0.3 percent) and alcoholic beverages & tobacco (2.4 percent vs 1.4 percent). Meantime, inflation was steady for education (at 1.4 percent) and prices rebounded for communication (0.1 percent vs -0.1 percent). On a monthly basis, consumer prices went up 0.08 percent, following a 0.06 percent gain in June.

2019-06-27
Belgium Inflation Rate at 14-Month Low of 1.7%
The annual inflation rate in Belgium fell to 1.7 percent in June of 2019 from 1.9 percent in the previous month. It was the lowest inflation since April of 2018, as cost slowed for housing & utilities (2.5 percent from 3 percent in May); transport (1.2 percent from 2.6 percent); miscellaneous goods & services (2.1 percent from 2.4 percent); restaurant & hotels (5.6 percent from 5.7 percent); furniture & household equipment (0.6 percent from 0.7 percent) and alcoholic beverages & tobacco (1.4 percent from 2.4 percent). Also, prices fell for communication (-0.1 percent from 0.1 percent) while inflation was steady for recreation & culture (2.7 percent); health (0.3 percent) and education (1.4 percent). On the other hand, cost rose faster for food & non-alcoholic beverages (0.8 percent from 0.7 percent) and clothing & footwear (0.4 percent from 0.2 percent). On a monthly basis, consumer prices edged up 0.1 percent, after showing no growth in May.


Belgium Inflation Rate
In Belgium, the most important category in the consumer price index is Housing and Utilities (17.6 percent of total weight). Food and Non-Alcoholic Beverages accounts for 16.4 percent; Transport for 15.9 percent; Recreation and Culture for 9.3 percent; Miscellaneous Goods and Services for 9 percent and Restaurants and Hotels for 7.8 percent. Furniture, Household Goods and Maintenance; Clothing and Footwear; Communication; Health; Alcoholic beverages and Tobacco and Education account for the remaining 24 percent of total weight.

Belgium Prices Last Previous Highest Lowest Unit
Inflation Rate 0.76 0.39 222.81 -18.11 percent [+]
Inflation Rate Mom 0.13 0.06 178.79 -5.20 percent [+]
Consumer Price Index CPI 109.04 108.90 109.04 11.65 points [+]
Core Consumer Prices 107.09 106.60 107.17 74.93 points [+]
Core Inflation Rate 1.40 1.50 3.80 -0.90 percent [+]
GDP Deflator 106.81 106.68 106.81 53.10 points [+]
Producer Prices 117.70 117.60 120.50 72.20 points [+]
Export Prices 124.89 125.58 130.27 69.45 points [+]
Import Prices 131.95 128.47 135.33 65.28 points [+]
Food Inflation 0.44 0.21 7.62 -1.37 percent [+]
Harmonised Consumer Prices 108.38 108.02 108.38 69.91 points [+]
Producer Prices Change -2.30 -2.10 15.01 -8.21 percent [+]
Cpi Housing Utilities 108.89 109.03 112.16 78.38 points [+]
CPI Transportation 108.16 107.84 108.16 85.46 points [+]