Inflation Belgium 1983
Average inflation: 7.7%
Current Inflation
Inflation is very high at 7.7%, far above the ECB target.
Peak and Trough
The highest inflation was in March at 8.9%. The lowest inflation was in October at 6.5%.
- Highest month
- March: 8.9%
- Lowest month
- October: 6.5%
- Difference
- 2.4 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 0.7% higher than the 5-year average of 7.0%.
- 5-year average
- 7%
- 10-year average
- 8.1%
- All-time high (1975)
- 12.8%
- All-time low (1968)
- 2.7%
Trend
Inflation has remained relatively stable. Compared to 1982, the difference is minimal (-1.0 percentage point).
- Change vs. previous year
- -1.0 percentage points
- Largest monthly swing
- October: -3.3 percentage points
ECB Target
Inflation is 5.7% 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 €107.70 next year at this inflation rate.
Multi-year trend
Monthly figures 1983
Month overview
| Month | Inflation | Difference vs. 1982 |
|---|---|---|
| January | 8.4% | +0.1 |
| February | 8.7% | +1.1 |
| March | 8.9% | +1.9 |
| April | 8.0% | -0.4 |
| May | 7.6% | -1.9 |
| June | 7.3% | -2.6 |
| July | 7.5% | -1.4 |
| August | 7.9% | -1.1 |
| September | 7.3% | -2.0 |
| October | 6.5% | -3.3 |
| November | 6.9% | -1.9 |
| December | 7.2% | -0.9 |
| Average | 7.7% |
Data source
Data from OECD. Last updated: 20/12/2025.