Belgium's annual inflation rate edged up to 2.17 percent in February of 2019 from 1.99 percent in the previous month. Prices rose faster mainly for food & non-alcoholic beverages (1.47% vs 1.41% in January) such as meat (1.67% vs 0.84%) and vegetables (4.87% vs 3.56%) and transport (2.22% vs 1.50%), namely diesel (8.58% vs 4.72%) and lubricants (1.87% vs 1.73%). Additional upward pressure came from cost of recreation & culture (3.52% vs 2.75%); hotels & restaurants (1.11% vs 0.79%); communications (0.29% vs 0.12%) and furnishings (1.06% vs 0.89%). On the other hand, inflation slowed for housing & utilities (4.09% vs 4.34%), including water (1.20% vs 1.35%) and electricity & gas (9.05% vs 9.78%); health (0.43% vs 0.46%) and miscellaneous goods & services (1.98% vs 2.17%). On a monthly basis, consumer prices inched up 0.35 percent, after falling 0.05 percent in the prior month. Inflation Rate in Belgium averaged 5.66 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.

Inflation Rate in Belgium is expected to be 2.10 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 2.50 in 12 months time. In the long-term, the Belgium Inflation Rate is projected to trend around 2.70 percent in 2020, according to our econometric models.

Belgium Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-29 10:30 AM Inflation Rate YoY 2.78% 2.75% 2.2%
2018-12-21 10:10 AM Inflation Rate YoY 2.34% 2.78% 2.7%
2019-01-30 10:45 AM Inflation Rate YoY 1.99% 2.34% 2.3%
2019-02-27 10:15 AM Inflation Rate YoY 2.17% 1.99% 2%
2019-03-28 10:00 AM Inflation Rate YoY 2.17% 2.1%
2019-04-29 09:00 AM Inflation Rate YoY
2019-05-28 09:00 AM Inflation Rate YoY


Belgium Prices Last Previous Highest Lowest Unit
Inflation Rate 2.17 1.99 222.81 -18.11 percent [+]
Inflation Rate Mom 0.35 -0.05 178.79 -5.20 percent [+]
Consumer Price Index CPI 108.52 108.17 108.52 11.65 Index Points [+]
Core Consumer Prices 106.03 103.45 106.03 74.93 Index Points [+]
Core Inflation Rate 1.50 1.40 3.80 -0.90 percent [+]
GDP Deflator 103.63 102.71 104.68 53.10 Index Points [+]
Producer Prices 117.30 118.30 120.50 72.20 Index Points [+]
Export Prices 118.84 118.68 123.02 69.45 Index Points [+]
Import Prices 128.54 124.80 128.54 65.28 Index Points [+]
Food Inflation 1.47 1.41 7.62 -1.37 percent [+]
Harmonised Consumer Prices 107.39 107.63 107.80 69.91 Index Points [+]
Producer Prices Change 3.10 4.40 15.01 -8.21 percent [+]
Cpi Housing Utilities 110.69 110.59 112.16 78.38 Index Points [+]
CPI Transportation 106.13 105.26 107.25 85.46 Index Points [+]


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. This page provides the latest reported value for - Belgium Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Belgium Inflation Rate - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.17 1.99 222.81 -18.11 1921 - 2019 percent Monthly
2013=100




Country Last Previous
Argentina 50.70 Feb/19
Australia 1.80 Dec/18
Brazil 3.89 Feb/19
Canada 1.50 Feb/19
China 1.50 Feb/19
Euro Area 1.50 Feb/19
France 1.30 Feb/19
Germany 1.50 Feb/19
India 2.57 Feb/19
Indonesia 2.57 Feb/19
Italy 1.00 Feb/19
Japan 0.20 Feb/19
Mexico 3.94 Feb/19
Netherlands 2.60 Feb/19
Russia 5.20 Feb/19
Saudi Arabia -2.20 Feb/19
Singapore 0.40 Jan/19
South Africa 4.10 Feb/19
South Korea 0.50 Feb/19
Spain 1.10 Feb/19
Switzerland 0.60 Feb/19
Turkey 19.67 Feb/19
United Kingdom 1.90 Feb/19
United States 1.50 Feb/19


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