Inflation Belgium 2011

Average inflation: 3.5%

Current Inflation

Inflation is high at 3.5%, well above the ECB target.

Peak and Trough

The highest inflation was in July at 3.8%. The lowest inflation was in January at 3.2%.

Highest month
July: 3.8%
Lowest month
January: 3.2%
Difference
0.6 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Housing, water, electricity, gas and other fuels with an average of 8.1%. The lowest price increase was in Health with an average of 0.1%.

Highest increase
Housing, water, electricity, gas and other fuels: 8.1%
Lowest increase
Health: 0.1%

Historical Context

Current inflation is 1.1% higher than the 5-year average of 2.4%.

5-year average
2.4%
10-year average
2.2%
All-time high (2008)
4.5%
All-time low (2009)
-0.1%

Trend

Inflation shows an upward trend. Compared to 2010, inflation has risen by +1.3 percentage point.

Change vs. previous year
+1.3 percentage points
Largest monthly swing
February: +2.7 percentage points

ECB Target

Inflation is 1.5% 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 €103.50 next year at this inflation rate.

Multi-year trend

Monthly figures 2011

Inflation by category

Food and non-alcoholic beverages
2.7%
-0.8vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
0.3%
-3.2vs avg.
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Clothing and footwear
1.1%
-2.4vs avg.
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Housing, water, electricity, gas and other fuels
8.1%
+4.6vs avg.
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Furnishings, household equipment and maintenance
1.3%
-2.2vs avg.
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Health
0.1%
-3.4vs avg.
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Transport
5.7%
+2.2vs avg.
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Communication
0.3%
-3.2vs avg.
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Recreation and culture
1.3%
-2.2vs avg.
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Education
0.4%
-3.1vs avg.
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Restaurants and hotels
2.6%
-0.9vs avg.
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Miscellaneous goods and services
3.1%
-0.4vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2010
January 3.2% +2.6
February 3.4% +2.7
March 3.5% +1.8
April 3.4% +1.6
May 3.3% +1.0
June 3.7% +1.2
July 3.8% +1.2
August 3.6% +1.3
September 3.6% +0.7
October 3.6% +0.6
November 3.8% +0.9
December 3.5% +0.4
Average 3.5%

Data source

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

See also