Monthly inflation · Belgium

Belgium Inflation Rate MoM

The Belgium Inflation Rate MoM is the change in consumer prices in Belgium from the previous month (or quarter).

Importance
Low
Released
Monthly
Next release
Currency
EUR · euro
Central bank
The European Central Bank (with the National Bank of Belgium)

Latest figures

The latest release for OCT, published on 29 October 2026, came in at 0.91%, up from 0.39% the time before.

Over the last 12 releases it ranged from -0.30% to 1.47%, averaging 0.43%.

Nov 2025: 0.56%Dec 2025: 0.07%Jan 2026: 0.44%Feb 2026: 0.54%Mar 2026: 0.12%Apr 2026: 1.47%May 2026: -0.08%Jun 2026: -0.3%Jul 2026: 0.63%Aug 2026: 0.4%Sep 2026: 0.39%Oct 2026: 0.91% Nov 2025Oct 2026
Actual results; the short line on a bar marks the consensus.
ReleasedForActualConsensusPrevious
29 Oct 2026OCT0.91%–0.39%
29 Sep 2026SEP0.39%–0.39% ®
28 Aug 2026AUG0.4%–0.63%
30 Jul 2026JUL0.63%–0.3% ®
29 Jun 2026JUN-0.3%–0.08% ®
28 May 2026MAY-0.08%–1.47%
30 Apr 2026APR1.47%–0.12%
30 Mar 2026MAR0.12%–0.54%
26 Feb 2026FEB0.54%–0.44%
29 Jan 2026JAN0.44%–0.07%
23 Dec 2025DEC0.07%–0.56%
27 Nov 2025NOV0.56%–0.36%

See it in the economic calendar →

Why it matters

The monthly change is the freshest reading of price pressure: the yearly rate is the sum of the last twelve monthly changes, so today's monthly figure tells you where the yearly rate is heading.

How it is calculated

Statbel prices a fixed basket of goods and services across the country and compares the index with the previous period. Seasonal patterns (sales, holidays) make raw monthly figures jumpy; some countries also publish seasonally adjusted numbers.

Monthly inflation = index(this month) ÷ index(last month) − 1
Annualised ≈ (1 + monthly)¹² − 1

What changes mean

  • Compare with the same month in earlier years: January and September often have seasonal jumps.
  • 0.2% a month is about the 2% a year most central banks aim for.

Higher than expected: A higher figure than expected makes the European Central Bank (with the National Bank of Belgium) more likely to keep rates high or raise them: it tends to support the euro and push bond yields up, and is often a weight on stocks.

Lower than expected: A lower figure than expected gives the European Central Bank (with the National Bank of Belgium) room to cut or hold rates lower: the euro tends to soften and bond yields to fall.

A short history

Monthly price indexes date from the early 20th century; many countries began publishing them during or after the First World War to adjust wages to the cost of living.

Questions

What is the Belgium Inflation Rate MoM?

The Belgium Inflation Rate MoM is the change in consumer prices in Belgium from the previous month (or quarter).

What was the latest Belgium Inflation Rate MoM?

0.91% for OCT, published on 29 October 2026.

When is the next Belgium Inflation Rate MoM?

On Friday 27 November 2026 at 10:30 UTC.

Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.