Inflation Belgium 1970
Average inflation: 3.9%
Current Inflation
Inflation is high at 3.9%, well above the ECB target.
Peak and Trough
The highest inflation was in January at 4.4%. The lowest inflation was in December at 3.1%.
- Highest month
- January: 4.4%
- Lowest month
- December: 3.1%
- Difference
- 1.3 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is around the 5-year average of 3.4%. This approaches the highest level since records began (4.2% in 1966).
- 5-year average
- 3.4%
- 10-year average
- 3%
- All-time high (1966)
- 4.2%
- All-time low (1960)
- 0.3%
Trend
Inflation shows an upward trend. Compared to 1969, inflation has risen by +0.2 percentage point.
- Change vs. previous year
- +0.2 percentage points
- Largest monthly swing
- January: +1.7 percentage points
ECB Target
Inflation is 1.9% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €103.90 next year at this inflation rate.
Multi-year trend
Monthly figures 1970
Month overview
| Month | Inflation | Difference vs. 1969 |
|---|---|---|
| January | 4.4% | +1.7 |
| February | 4.2% | +1.1 |
| March | 4.3% | +0.7 |
| April | 4.4% | +0.8 |
| May | 4.1% | +0.3 |
| June | 3.8% | +0.1 |
| July | 4.0% | +0.1 |
| August | 4.1% | +0.1 |
| September | 3.7% | -0.2 |
| October | 3.5% | -0.4 |
| November | 3.4% | -0.9 |
| December | 3.1% | -1.3 |
| Average | 3.9% |
Data source
Data from OECD. Last updated: 20/12/2025.