Inflation Belgium 1988

Average inflation: 1.2%

Current Inflation

Inflation is low at 1.2%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in December at 1.9%. The lowest inflation was in August at 0.9%.

Highest month
December: 1.9%
Lowest month
August: 0.9%
Difference
1.0 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 1.8% lower than the 5-year average of 3.0%. This approaches the lowest level since records began (1.2% in 1988).

5-year average
3%
10-year average
5%
All-time high (1975)
12.8%
All-time low (1988)
1.2%

Trend

Inflation has remained relatively stable. Compared to 1987, the difference is minimal (-0.3 percentage point).

Change vs. previous year
-0.3 percentage points
Largest monthly swing
August: -1.4 percentage points

ECB Target

Inflation is 0.8% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €101.20 next year at this inflation rate.

Multi-year trend

Monthly figures 1988

Month overview

Month Inflation Difference vs. 1987
January 1.0% +0.1
February 1.0% 0.0
March 1.0% -0.3
April 1.0% -0.4
May 1.0% -0.7
June 1.1% -0.6
July 1.0% -1.0
August 0.9% -1.4
September 1.2% -0.5
October 1.3% -0.4
November 1.6% +0.1
December 1.9% +0.5
Average 1.2%

Data source

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

See also