Inflation Belgium 2017

Average inflation: 2.1%

Current Inflation

Inflation is normal at 2.1%, around the ECB target.

Peak and Trough

The highest inflation was in February at 3.0%. The lowest inflation was in June at 1.6%.

Highest month
February: 3.0%
Lowest month
June: 1.6%
Difference
1.4 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 3.8%. The lowest price increase was in Furnishings, household equipment and maintenance with an average of 0.4%.

Highest increase
Housing, water, electricity, gas and other fuels: 3.8%
Lowest increase
Furnishings, household equipment and maintenance: 0.4%

Historical Context

Current inflation is 0.9% higher than the 5-year average of 1.2%.

5-year average
1.2%
10-year average
1.9%
All-time high (2008)
4.5%
All-time low (2009)
-0.1%

Trend

Inflation shows an upward trend. Compared to 2016, inflation has risen by +0.1 percentage point.

Change vs. previous year
+0.1 percentage points
Largest monthly swing
February: +1.6 percentage points

ECB Target

Inflation is close to the ECB target of 2.0%.

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 €102.10 next year at this inflation rate.

Multi-year trend

Monthly figures 2017

Inflation by category

Food and non-alcoholic beverages
1.3%
-0.8vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
2.5%
+0.4vs avg.
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Clothing and footwear
0.6%
-1.5vs avg.
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Housing, water, electricity, gas and other fuels
3.8%
+1.6vs avg.
More details →
Furnishings, household equipment and maintenance
0.4%
-1.7vs avg.
More details →
Health
1.3%
-0.9vs avg.
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Transport
3.3%
+1.1vs avg.
More details →
Communication
2.0%
-0.1vs avg.
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Recreation and culture
1.0%
-1.1vs avg.
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Education
0.4%
-1.7vs avg.
More details →
Restaurants and hotels
3.3%
+1.2vs avg.
More details →
Miscellaneous goods and services
1.5%
-0.6vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2016
January 2.6% +0.9
February 3.0% +1.6
March 2.3% +0.1
April 2.3% +0.3
May 1.9% -0.3
June 1.6% -0.6
July 1.8% -0.5
August 1.9% -0.3
September 2.0% +0.1
October 2.0% +0.2
November 2.1% +0.3
December 2.1% +0.1
Average 2.1%

Data source

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

See also