Inflation Belgium 2007

Average inflation: 1.8%

Inflation in 2007

Inflation is low at 1.8%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in December at 3.1%. The lowest inflation was in August at 1.1%.

Highest month
December: 3.1%
Lowest month
August: 1.1%
Difference
2.0 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 4.4%. The lowest price increase was in Communication with an average of -3.0%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 4.4%
Lowest increase
Communication: -3.0%

Historical Context

Inflation is around the 5-year average of 2.0%.

5-year average
2%
10-year average
1.9%
All-time high (1990)
3.5%
All-time low (1998)
1%

Trend

Over the period 2005-2007, inflation has remained relatively stable. Compared to 2006, inflation has remained unchanged.

Change vs. previous year
+0.0 percentage points
Largest monthly swing
December: +1.5 percentage points

ECB Target

Inflation is close to the ECB target of 2.0%.

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 €101.80 next year at this inflation rate.

Multi-year trend

Monthly figures 2007

Inflation by category

Food and non-alcoholic beverages
3.9%
+2.1 vs avg.
Alcoholic beverages, tobacco and narcotics
4.4%
+2.6 vs avg.
Clothing and footwear
0.6%
-1.2 vs avg.
Housing, water, electricity, gas and other fuels
1.5%
-0.3 vs avg.
Furnishings, household equipment and maintenance
2.1%
+0.3 vs avg.
Health
-0.1%
-1.9 vs avg.
Transport
0.8%
-1.0 vs avg.
Communication
-3.0%
-4.8 vs avg.
Recreation and culture
0.9%
-0.9 vs avg.
Education
2.3%
+0.5 vs avg.
Restaurants and hotels
2.7%
+0.9 vs avg.
Miscellaneous goods and services
3.6%
+1.8 vs avg.

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

Month overview

Month Inflation Difference vs. 2006
January 1.7% -0.9
February 1.8% -0.6
March 1.8% +0.1
April 1.8% -0.2
May 1.3% -0.9
June 1.3% -0.6
July 1.4% -0.2
August 1.1% -0.5
September 1.5% +0.3
October 2.2% +1.0
November 2.9% +1.4
December 3.1% +1.5
Average 1.8%

Data source

Data from OECD. Last updated: 13/01/2026.

See also