Belgium Inflation Rate

How much consumer prices are rising compared with a year ago, on the EU's harmonised index (HICP), the measure the ECB uses.

4.2%

+0.5pp vs Jul 2026

Aug 2026 · Monthly data

Not seasonally adjusted

Matches the latest releaseNot refreshed recently, awaiting the next release

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Inflation Rate

Jan 1997 to Aug 2026

Source: FRED series CP0000BEM086NEST · HICP, all items, year on year.

Belgium Inflation Rate in context

Worked out from the published series shown above.

In Belgium, the inflation rate rose by 1.6pp over the year to Aug 2026, from 2.6% in Aug 2025.

Over the past five years it has ranged from −1.7% in Oct 2023 to 13.1% in Oct 2022.

Its average since Jan 1997 is 2.3%, and the latest reading is above that.

Belgium is 7th of 36 countries in our Inflation Rate by Country ranking.

How this series is defined

Everything you need to check the figure against the source.

Source
FRED
Series
CP0000BEM086NEST
Frequency
Monthly
Unit
%
Seasonal adjustment
Not seasonally adjusted
Latest observation
Aug 2026
Revision status
Latest published estimate, subject to revision

Statbel's national CPI, which drives Belgium's automatic wage indexation, can differ by a few tenths. The European Central Bank targets 2% inflation for the euro area as a whole. The jump in August 2021 (1.4% to 4.7%) was temporary: the 2020 summer sales had moved from July to August.

Data refreshed 2026-10-07. Figures are the latest published observations and can be revised.

More Belgium indicators

Latest readings. Open any one for its full history.

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