Inflation Belgium 2025
Average inflation: 2.5%
Current Inflation
Inflation is normal at 2.5%, around the ECB target.
Peak and Trough
The highest inflation was in January at 4.1%. The lowest inflation was in July at 1.9%.
- Highest month
- January: 4.1%
- Lowest month
- July: 1.9%
- Difference
- 2.2 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 4.8%. The lowest price increase was in Clothing and footwear with an average of -1.4%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 4.8%
- Lowest increase
- Clothing and footwear: -1.4%
Historical Context
Current inflation is 1.9% lower than the 5-year average of 4.4%.
- 5-year average
- 4.4%
- 10-year average
- 3%
- All-time high (2022)
- 9.6%
- All-time low (2009)
- -0.1%
Trend
Inflation shows a downward trend. Compared to 2024, inflation has fallen by +0.7 percentage point.
- Change vs. previous year
- -0.7 percentage points
- Largest monthly swing
- January: +2.3 percentage points
ECB Target
Inflation is 0.5% 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 €102.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2025
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2024 |
|---|---|---|
| January | 4.1% | +2.3 |
| February | 3.5% | +0.3 |
| March | 2.9% | -0.3 |
| April | 2.5% | -0.9 |
| May | 2.0% | -1.4 |
| June | 2.1% | -1.6 |
| July | 1.9% | -1.7 |
| August | 1.9% | -1.0 |
| September | 2.1% | -1.0 |
| October | 2.0% | -1.2 |
| November | 2.4% | -0.8 |
| December | 2.1% | -1.1 |
| Average | 2.5% |
Data source
Data from OECD. Last updated: 13/01/2026.