Inflation Belgium 1977

Average inflation: 7.1%

Current Inflation

Inflation is very high at 7.1%, far above the ECB target.

Peak and Trough

The highest inflation was in February at 8.1%. The lowest inflation was in December at 6.3%.

Highest month
February: 8.1%
Lowest month
December: 6.3%
Difference
1.8 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 2.6% lower than the 5-year average of 9.7%.

5-year average
9.7%
10-year average
6.9%
All-time high (1975)
12.8%
All-time low (1960)
0.3%

Trend

Inflation shows a downward trend. Compared to 1976, inflation has fallen by +2.0 percentage point.

Change vs. previous year
-2.0 percentage points
Largest monthly swing
January: -3.2 percentage points

ECB Target

Inflation is 5.1% 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 €107.10 next year at this inflation rate.

Multi-year trend

Monthly figures 1977

Month overview

Month Inflation Difference vs. 1976
January 7.6% -3.2
February 8.1% -1.8
March 7.4% -2.4
April 7.0% -2.6
May 7.3% -2.2
June 7.8% -1.5
July 7.2% -1.9
August 7.1% -1.6
September 6.5% -2.7
October 6.5% -1.7
November 6.5% -1.0
December 6.3% -1.2
Average 7.1%

Data source

Data from OECD. Last updated: 20/12/2025.

See also