Inflation Belgium 1993

Average inflation: 2.8%

Current Inflation

Inflation is normal at 2.8%, around the ECB target.

Peak and Trough

The highest inflation was in August at 3.2%. The lowest inflation was in June at 2.4%.

Highest month
August: 3.2%
Lowest month
June: 2.4%
Difference
0.8 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food and non-alcoholic beverages with an average of -0.6%. The lowest price increase was in Food and non-alcoholic beverages with an average of -0.6%.

Highest increase
Food and non-alcoholic beverages: -0.6%
Lowest increase
Food and non-alcoholic beverages: -0.6%

Historical Context

Current inflation is around the 5-year average of 3.0%.

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

Trend

Inflation has remained relatively stable. Compared to 1992, the difference is minimal (+0.4 percentage point).

Change vs. previous year
+0.4 percentage points
Largest monthly swing
August: +1.1 percentage points

ECB Target

Inflation is 0.8% 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 €102.80 next year at this inflation rate.

Multi-year trend

Monthly figures 1993

Inflation by category

Food and non-alcoholic beverages
-0.6%
-3.4vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 1992
January 2.8% +0.5
February 2.8% +0.5
March 2.9% +0.2
April 2.9% +0.1
May 2.7% -0.1
June 2.4% -0.2
July 2.6% +0.1
August 3.2% +1.1
September 2.8% +0.5
October 2.7% +0.5
November 2.5% +0.3
December 2.7% +0.3
Average 2.8%

Data source

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

See also