Belgium’s annual inflation edged up to 4.08% in May 2026, from 4.01% in April, marking the highest reading since January 2025. Energy prices increased by 11.2%, following a surge of 10.58% last month, while natural gas inflation edged down to 10.1% from 11.4%. Upward price pressures came mainly from housing and utilities (3.63% vs 3.02%) and transports (7.9% vs 7.8%), followed by restaurantes and hotels (5.85% vs 4.78%) and recreation and culture (8.07% versus 6.85%). In contrast, inflation eased for food (1.19% versus 1.89%), followed by clothing and footwear (2.26% vs 3%), alcoholic beverages and tobacco (2.14% vs 2.46%), comunication (1.86% vs 3.49%) and furnishings (0.38% vs 0.95%). Meanwhile, inflation remained steady for education (2.4%) and health (6.6%). On a monthly basis, consumer prices declined 0.08%, reversing a 1.47% increase in April. source: Statistics Belgium

Inflation Rate in Belgium increased to 4.08 percent in May from 4 percent in April of 2026. Inflation Rate in Belgium averaged 5.50 percent from 1921 until 2026, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

Inflation Rate in Belgium increased to 4.08 percent in May from 4 percent in April of 2026. Inflation Rate in Belgium is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Inflation Rate is projected to trend around 3.00 percent in 2027 and 2.60 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-30 09:30 AM
Inflation Rate YoY
Apr 4.01% 1.65% 2.8%
2026-05-28 09:30 AM
Inflation Rate YoY
May 4.08% 4% 4.8%
2026-06-29 09:30 AM
Inflation Rate YoY
Jun 4.08% 5.5%


Related Last Previous Unit Reference
Consumer Price Index CPI 103.26 103.34 points May 2026
CPI Housing Utilities 102.75 103.91 points May 2026
CPI Transportation 106.62 106.95 points May 2026
Food Inflation 1.19 1.89 percent May 2026
Inflation Rate YoY 4.08 4.00 percent May 2026
Inflation Rate MoM -0.08 1.47 percent May 2026
Producer Prices 128.00 124.40 points Apr 2026
PPI YoY 8.70 3.50 percent Apr 2026


Belgium Inflation Rate
In Belgium, the most important category in the consumer price index is Housing and Utilities (18 percent of total weight). Food and Non-Alcoholic Beverages account for 17 percent; Transport for 16 percent; Recreation and Culture for 9 percent; Miscellaneous Goods and Services for 9 percent and Restaurants and Hotels for 8 percent. Furniture, Household Goods and Maintenance; Clothing and Footwear; Communication; Health; Alcoholic Beverages and Tobacco and Education account for the remaining 23 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
4.08 4.00 222.81 -18.11 1921 - 2026 percent Monthly
2025=100

News Stream
Belgium Inflation Rate Edges Up in May
Belgium’s annual inflation edged up to 4.08% in May 2026, from 4.01% in April, marking the highest reading since January 2025. Energy prices increased by 11.2%, following a surge of 10.58% last month, while natural gas inflation edged down to 10.1% from 11.4%. Upward price pressures came mainly from housing and utilities (3.63% vs 3.02%) and transports (7.9% vs 7.8%), followed by restaurantes and hotels (5.85% vs 4.78%) and recreation and culture (8.07% versus 6.85%). In contrast, inflation eased for food (1.19% versus 1.89%), followed by clothing and footwear (2.26% vs 3%), alcoholic beverages and tobacco (2.14% vs 2.46%), comunication (1.86% vs 3.49%) and furnishings (0.38% vs 0.95%). Meanwhile, inflation remained steady for education (2.4%) and health (6.6%). On a monthly basis, consumer prices declined 0.08%, reversing a 1.47% increase in April.
2026-05-28
Belgium Inflation Rate Hits 15-Month High
Belgium’s annual inflation rose to 4.01% in April 2026, from 1.65% in March, marking the highest reading since January 2025. Energy prices surged to 10.58%, rebounding from a 4.41% decline in the previous month. Similarly, natural gas prices picked up to 11.4% from a 14.7% drop previously, while motor fuel prices soared by 27.4%. Inflation was primarily driven by stronger price growth in transport, which accelerated to 7.8% from 5.0%, followed by alcoholic beverages, tobacco and narcotics (2.46% vs 0.36% in March), information and communication (3.49% vs 2.97%), recreation and culture (6.85% vs 5.27%), and miscellaneous goods and services (1.76% vs 0.96%). At the same time, prices rebounded for food and non-alcoholic beverages (1.89% vs -0.87%) and housing and utilities (3.02% vs -3.00%). On a monthly basis, consumer prices increased by 1.47%, the fastest pace since October 2022, following a 0.12% gain in the previous month.
2026-04-30
Belgium Inflation Rate Edges Up in March
Belgium's annual inflation rose to 1.65% in March 2026, up from 1.45% in February. Despite the uptick, energy prices fell by 4.41%, although less pronounced than the 7.89% drop recorded in the previous month. Similarly, deflation eased for natural gas (-14.1% vs. -14.7%), while motor fuel prices rose by 11.9%. Inflation was primarily driven by stronger price growth in transport, which accelerated to 5.0% from 1.6%, followed by clothing and footwear (3.3% versus 1.0%), recreation and culture (5.3% versus 4.5%), and health (6.6% versus 6.5%). Downward pressures came mainly from housing and utilities (-3.0% versus -2.2%) and food (-0.9% versus 0.7%). Meanwhile, inflation slowed for restaurants and hotels (4.3% versus 5.0%) and was unchanged for furnishings (0%) and education (2.4%). On a monthly basis, consumer prices increased by 0.12%, down from an increase of 0.54% in the previous month.
2026-03-30