Inflation Belgium 1971
Average inflation: 4.3%
Current Inflation
Inflation is high at 4.3%, well above the ECB target.
Peak and Trough
The highest inflation was in December at 5.6%. The lowest inflation was in January at 3.2%.
- Highest month
- December: 5.6%
- Lowest month
- January: 3.2%
- Difference
- 2.4 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 0.8% higher than the 5-year average of 3.5%. This approaches the highest level since records began (4.3% in 1971).
- 5-year average
- 3.5%
- 10-year average
- 3.3%
- All-time high (1971)
- 4.3%
- All-time low (1960)
- 0.3%
Trend
Inflation has remained relatively stable. Compared to 1970, the difference is minimal (+0.4 percentage point).
- Change vs. previous year
- +0.4 percentage points
- Largest monthly swing
- December: +2.5 percentage points
ECB Target
Inflation is 2.3% 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 €104.30 next year at this inflation rate.
Multi-year trend
Monthly figures 1971
Month overview
| Month | Inflation | Difference vs. 1970 |
|---|---|---|
| January | 3.2% | -1.2 |
| February | 3.7% | -0.5 |
| March | 3.6% | -0.7 |
| April | 3.7% | -0.7 |
| May | 3.9% | -0.2 |
| June | 4.1% | +0.3 |
| July | 4.2% | +0.2 |
| August | 4.4% | +0.3 |
| September | 5.1% | +1.4 |
| October | 5.2% | +1.7 |
| November | 5.3% | +1.9 |
| December | 5.6% | +2.5 |
| Average | 4.3% |
Data source
Data from OECD. Last updated: 20/12/2025.