Consumer Price Index in Belgium

Statbel · Mensual · Importance 90

IMF forecast (WEO): 2026: 2.8% 2027: 2.2% 2028: 2.1% 2029: 2.0% 2030: 1.8% 2031: 1.8%

3.60% (Jul-26) YOY · % · Mensual · CSV

Period	%
Jul 2026	3.60%
Jun 2026	3.30%
May 2026	4.00%
Apr 2026	4.20%
Mar 2026	2.20%
Feb 2026	1.40%
Jan 2026	1.40%
Dec 2025	2.20%
Nov 2025	2.60%
Oct 2025	2.50%
Sep 2025	2.70%
Aug 2025	2.60%
Jul 2025	2.60%
Jun 2025	2.90%
May 2025	2.80%
Apr 2025	3.10%
Mar 2025	3.60%
Feb 2025	4.40%
Jan 2025	4.40%
Dec 2024	4.40%
Nov 2024	4.80%
Oct 2024	4.50%
Sep 2024	4.30%
Aug 2024	4.30%
Jul 2024	5.40%
Jun 2024	5.40%
May 2024	4.90%
Apr 2024	4.90%
Mar 2024	3.80%
Feb 2024	3.60%
Jan 2024	1.50%
Dec 2023	0.50%
Nov 2023	-0.80%
Oct 2023	-1.70%
Sep 2023	0.70%
Aug 2023	2.40%
Jul 2023	1.70%
Jun 2023	1.60%
May 2023	2.70%
Apr 2023	3.30%
Mar 2023	4.90%
Feb 2023	5.40%
Jan 2023	7.40%
Dec 2022	10.20%
Nov 2022	10.50%
Oct 2022	13.10%
Sep 2022	12.10%
Aug 2022	10.50%
Jul 2022	10.40%
Jun 2022	10.50%
May 2022	9.90%
Apr 2022	9.30%
Mar 2022	9.30%
Feb 2022	9.50%
Jan 2022	8.50%
Dec 2021	6.60%
Nov 2021	7.10%
Oct 2021	5.40%
Sep 2021	3.80%
Aug 2021	4.70%

Period	%
Jul 2026	-0.60%
Jun 2026	-0.10%
May 2026	-0.30%
Apr 2026	1.30%
Mar 2026	0.30%
Feb 2026	2.50%
Jan 2026	-1.60%
Dec 2025	0.30%
Nov 2025	0.30%
Oct 2025	0.40%
Sep 2025	-0.30%
Aug 2025	1.50%
Jul 2025	-0.80%
Jun 2025	0.50%
May 2025	-0.10%
Apr 2025	-0.70%
Mar 2025	-0.40%
Feb 2025	2.40%
Jan 2025	-0.80%
Dec 2024	0.70%
Nov 2024	0.20%
Oct 2024	0.50%
Sep 2024	-0.40%
Aug 2024	1.50%
Jul 2024	-0.60%
Jun 2024	0.40%
May 2024	0.20%
Apr 2024	-0.30%
Mar 2024	0.40%
Feb 2024	2.40%
Jan 2024	-0.70%
Dec 2023	1.10%
Nov 2023	-0.10%
Oct 2023	0.30%
Sep 2023	-0.40%
Aug 2023	2.50%
Jul 2023	-0.60%
Jun 2023	-0.10%
May 2023	0.20%
Apr 2023	-1.20%
Mar 2023	0.20%
Feb 2023	0.30%
Jan 2023	-1.60%
Dec 2022	-0.20%
Nov 2022	-1.00%
Oct 2022	2.70%
Sep 2022	1.30%
Aug 2022	1.80%
Jul 2022	-0.70%
Jun 2022	1.00%
May 2022	0.80%
Apr 2022	0.30%
Mar 2022	0.70%
Feb 2022	2.10%
Jan 2022	0.90%
Dec 2021	0.00%
Nov 2021	1.40%
Oct 2021	1.80%
Sep 2021	-0.10%
Aug 2021	1.70%

Period	%
Jul 2026	3.56%
Jun 2026	3.40%
May 2026	4.08%
Apr 2026	4.01%
Mar 2026	1.65%
Feb 2026	1.45%
Jan 2026	1.10%
Dec 2025	2.06%
Nov 2025	2.40%
Oct 2025	2.00%
Sep 2025	2.12%
Aug 2025	1.91%
Jul 2025	1.92%

Period	%
Jul 2026	0.63%
Jun 2026	-0.30%
May 2026	-0.08%
Apr 2026	1.47%
Mar 2026	0.12%
Feb 2026	0.54%
Jan 2026	0.44%
Dec 2025	0.06%
Nov 2025	0.57%
Oct 2025	0.36%
Sep 2025	-0.30%
Aug 2025	0.00%

Period	puntos
Jul 2026	103.60
Jun 2026	102.95
May 2026	103.26
Apr 2026	103.34
Mar 2026	101.84
Feb 2026	101.72
Jan 2026	101.17
Dec 2025	100.73
Nov 2025	100.67
Oct 2025	100.10
Sep 2025	99.74
Aug 2025	100.04
Jul 2025	100.04

About this indicator

Source	Statbel
Frequency	Mensual
Release	En torno a mediados del mes siguiente al periodo de referencia (suele haber un dato preliminar y otro definitivo).
What it is	Measures the change in prices of a representative basket of goods and services bought by Belgian households. Published by Statbel, it is the country's main inflation gauge and underpins the health index used to update wages, pensions and rents.
How it's calculated	Statbel collects thousands of prices each month across the country and aggregates them with household spending weights on a base year (index 100). It is reported as an annual (YoY) and monthly (MoM) rate of change.
Market implications	In Belgium the CPI has an unusually direct impact because wages and pensions are automatically indexed to the health index, making it especially sensitive. As a euro-area member it also feeds into ECB decisions: a hotter-than-expected print pushes rates and the euro higher.
Limitations	It captures only the basket's goods and services, not the whole economy. For the underlying trend, watch core inflation, which strips out the more volatile energy and unprocessed food.