Inflation Belgium 1994
Average inflation: 2.4%
Current Inflation
Inflation is normal at 2.4%, around the ECB target.
Peak and Trough
The highest inflation was in June at 2.8%. The lowest inflation was in December at 1.9%.
- Highest month
- June: 2.8%
- Lowest month
- December: 1.9%
- Difference
- 0.9 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 2.0%. The lowest price increase was in Food and non-alcoholic beverages with an average of 2.0%.
- Highest increase
- Food and non-alcoholic beverages: 2.0%
- Lowest increase
- Food and non-alcoholic beverages: 2.0%
Historical Context
Current inflation is around the 5-year average of 2.9%.
- 5-year average
- 2.9%
- 10-year average
- 2.6%
- All-time high (1975)
- 12.8%
- All-time low (1988)
- 1.2%
Trend
Inflation has remained relatively stable. Compared to 1993, the difference is minimal (-0.4 percentage point).
- Change vs. previous year
- -0.4 percentage points
- Largest monthly swing
- August: -0.8 percentage points
ECB Target
Inflation is 0.4% 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 €102.40 next year at this inflation rate.
Multi-year trend
Monthly figures 1994
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1993 |
|---|---|---|
| January | 2.4% | -0.4 |
| February | 2.5% | -0.3 |
| March | 2.3% | -0.6 |
| April | 2.4% | -0.5 |
| May | 2.6% | -0.1 |
| June | 2.8% | +0.4 |
| July | 2.7% | +0.1 |
| August | 2.4% | -0.8 |
| September | 2.5% | -0.3 |
| October | 2.1% | -0.6 |
| November | 2.0% | -0.5 |
| December | 1.9% | -0.8 |
| Average | 2.4% |
Data source
Data from OECD. Last updated: 20/12/2025.