Belgium inflation rate for 2023 was 4.05%, a 5.55% decline from 2022.
Belgium inflation rate for 2022 was 9.60%, a 7.16% increase from 2021.
Belgium inflation rate for 2021 was 2.44%, a 1.7% increase from 2020.
Belgium inflation rate for 2020 was 0.74%, a 0.7% decline from 2019.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
