Inflation Belgium 1989

Average inflation: 3.1%

Current Inflation

Inflation is high at 3.1%, well above the ECB target.

Peak and Trough

The highest inflation was in September at 3.6%. The lowest inflation was in January at 2.4%.

Highest month
September: 3.6%
Lowest month
January: 2.4%
Difference
1.2 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 0.7% higher than the 5-year average of 2.4%.

5-year average
2.4%
10-year average
4.9%
All-time high (1975)
12.8%
All-time low (1988)
1.2%

Trend

Inflation shows an upward trend. Compared to 1988, inflation has risen by +1.9 percentage point.

Change vs. previous year
+1.9 percentage points
Largest monthly swing
September: +2.4 percentage points

ECB Target

Inflation is 1.1% 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 €103.10 next year at this inflation rate.

Multi-year trend

Monthly figures 1989

Month overview

Month Inflation Difference vs. 1988
January 2.4% +1.4
February 2.6% +1.6
March 2.8% +1.8
April 3.0% +2.0
May 3.0% +2.0
June 3.0% +1.9
July 3.0% +2.0
August 3.2% +2.3
September 3.6% +2.4
October 3.6% +2.3
November 3.6% +2.0
December 3.6% +1.7
Average 3.1%

Data source

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

See also