Comparison · Sources: Statbel and Eurostat
Inflation in Belgium vs the euro area — official figures
Last checked: 5 October 2026 · next Statbel release end of October 2026
Belgian inflation broadly tracks the euro-area average, but reacts faster to energy and food prices, partly because wages are automatically indexed.
CPI inflation, Sep 2026
4.69%
August 2026: 3.97%
Health index, Sep 2026
4.00%
core inflation: 3.00%
Belgian HICP (flash estimate)
4.6%
Statbel, 29 September 2026
Source: Statbel press release, 29 September 2026. Energy is the main driver.
HICP, year-on-year (%) — Belgium vs euro area
| Month | Belgium | Euro area | Gap (pp) |
|---|---|---|---|
| 2024-01 | 1.5 | 2.8 | -1.3 |
| 2024-04 | 4.9 | 2.4 | 2.5 |
| 2024-07 | 5.4 | 2.6 | 2.8 |
| 2024-10 | 4.5 | 2.0 | 2.5 |
| 2025-01 | 4.4 | 2.5 | 1.9 |
| 2025-04 | 3.1 | 2.2 | 0.9 |
| 2025-07 | 2.6 | 2.0 | 0.6 |
| 2025-10 | 2.5 | 2.1 | 0.4 |
| 2025-12 | 2.2 | 2.0 | 0.2 |
Source: Eurostat, HICP (prc_hicp_manr). Later euro-area months are added once Eurostat publishes them.
Why Belgium reacts faster
The Belgian basket weighs energy and food relatively heavily, and the health index feeds through the central index straight into wages, pensions and benefits. In 2024 Belgian HICP ran 2–3 points above the euro area for months; since 2026 energy has pushed inflation up again.
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