Inflation Belgium 1999

Average inflation: 1.1%

Current Inflation

Inflation is low at 1.1%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in December at 1.9%. The lowest inflation was in July at 0.7%.

Highest month
December: 1.9%
Lowest month
July: 0.7%
Difference
1.2 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Transport with an average of 2.9%. The lowest price increase was in Communication with an average of -5.5%.

Highest increase
Transport: 2.9%
Lowest increase
Communication: -5.5%

Historical Context

Current inflation is around the 5-year average of 1.5%. This approaches the lowest level since records began (1.0% in 1998).

5-year average
1.5%
10-year average
2.2%
All-time high (1982)
8.7%
All-time low (1998)
1%

Trend

Inflation has remained relatively stable. Compared to 1998, the difference is minimal (+0.1 percentage point).

Change vs. previous year
+0.1 percentage points
Largest monthly swing
December: +1.3 percentage points

ECB Target

Inflation is 0.9% 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 €101.10 next year at this inflation rate.

Multi-year trend

Monthly figures 1999

Inflation by category

Food and non-alcoholic beverages
0.0%
-1.1vs avg.
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Alcoholic beverages, tobacco and narcotics
2.4%
+1.3vs avg.
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Clothing and footwear
0.9%
-0.2vs avg.
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Housing, water, electricity, gas and other fuels
1.7%
+0.6vs avg.
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Furnishings, household equipment and maintenance
1.4%
+0.3vs avg.
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Health
0.9%
-0.2vs avg.
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Transport
2.9%
+1.8vs avg.
More details →
Communication
-5.5%
-6.6vs avg.
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Recreation and culture
0.2%
-0.9vs avg.
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Education
2.6%
+1.5vs avg.
More details →
Restaurants and hotels
2.0%
+0.9vs avg.
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Miscellaneous goods and services
1.6%
+0.5vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1998
January 1.0% +0.6
February 1.0% +0.3
March 1.2% +0.2
April 1.2% -0.3
May 0.8% -1.1
June 0.8% -0.8
July 0.7% -0.3
August 0.9% +0.5
September 1.2% +0.4
October 1.3% +0.4
November 1.5% +0.9
December 1.9% +1.3
Average 1.1%

Data source

Data from OECD. Last updated: 11/01/2026.

See also