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Belgian inflation increases in June

Belgian inflation in June increased from 3.36% to 3.74%. The consumer price index this month rose by 0.29 points or 0.22%. Inflation based on the health index also rose from 3.20% to 3.80%, with the smoothed health index standing at 128.86 points in June.

Photo: Dreamstime

Significant price increases in June were observed for natural gas, electricity, bundled telecommunication services, confectionery, restaurants and caf├ęs, bread and cereals, organised vacations in Belgium, household appliances, clothing, and hotel rooms.

Overall, inflation rose to 3.74% in June from 3.36% in May and 3.37% in April. Inflation based on the health index climbed to 3.80% from 3.20% in May and 3.28% in April. Core inflation was 2.97% in June, up from 2.80% in May and 3.26% in April.

Inflation for services rose to 4.55% from 3.88%, while inflation for rents slightly decreased to 4.70% from 5.10%. The consumer price index rose to 131.87 points in June from 131.58 points in May 2024 (2013=100), with the health index increasing to 131.92 points from 131.42 points.

These developments highlight ongoing economic trends influenced by varying price impacts across different sectors, shaping consumer spending and economic policy considerations.


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