Increased inflation in Belgium

Inflation went up for the 3rd consecutive month in Belgium in June, from 0.56 to 0.63%, the highest inflation rate since March 2014, revealed the minister of the Economy on Monday. The index was raised by price increases in electricity (+1.4%), gas (+1.1%), fruit (+2.9%), hotels (+2.4%) and flights (+3.6%), although the drop in the price of vegetables (-2.4%) and cut flowers (-5.8%) pulled the average down somewhat.

In this context, the consumer price index reached 101.01 points in June, up from 100.86 in May (+0.15%). The health price index reached 101.33, a 0.17-point rise, and inflation according to this index went from 0.87 to 0.99%.

Lastly, the threshold index used for government purposes and benefits, and set at 101.02 points, was not reached, the last time it was, being in November 2012.

(Source: Belga)  

Copyright © 2023 The Brussels Times. All Rights Reserved.