Inflation Belgium 1973
Average inflation: 7.0%
Current Inflation
Inflation is very high at 7.0%, far above the ECB target.
Peak and Trough
The highest inflation was in May at 7.5%. The lowest inflation was in July at 6.6%.
- Highest month
- May: 7.5%
- Lowest month
- July: 6.6%
- Difference
- 0.9 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 2.1% higher than the 5-year average of 4.9%. This approaches the highest level since records began (7.0% in 1973).
- 5-year average
- 4.9%
- 10-year average
- 4.2%
- All-time high (1973)
- 7%
- All-time low (1960)
- 0.3%
Trend
Inflation shows an upward trend. Compared to 1972, inflation has risen by +1.6 percentage point.
- Change vs. previous year
- +1.6 percentage points
- Largest monthly swing
- May: +2.8 percentage points
ECB Target
Inflation is 5.0% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €107.00 next year at this inflation rate.
Multi-year trend
Monthly figures 1973
Month overview
| Month | Inflation | Difference vs. 1972 |
|---|---|---|
| January | 6.9% | +1.4 |
| February | 6.9% | +1.6 |
| March | 7.0% | +2.1 |
| April | 7.2% | +2.4 |
| May | 7.5% | +2.8 |
| June | 6.9% | +1.4 |
| July | 6.6% | +1.0 |
| August | 6.9% | +1.5 |
| September | 6.7% | +1.3 |
| October | 6.8% | +1.1 |
| November | 6.7% | +0.6 |
| December | 7.3% | +0.9 |
| Average | 7.0% |
Data source
Data from OECD. Last updated: 20/12/2025.