Average inflation measured by CPI reached 1.79 % in 2019 in Belgium, according to the National Statistical Office. This is 18.3 % less than in the previous year.
Historically, average inflation measured by CPI in Belgium reached an all time high of 2.19 % in 2018 and an all time low of < -0.001 % in 2009. When compared to Belgium's main peers, average inflation measured by CPI in France amounted to 1.85 %, 1.78 % in Germany, 1.82 % in Luxembourg and 1.64 % in Netherlands in 2019.
Belgium has been ranked 146th within the group of 174 countries we follow in terms of average inflation measured by CPI, 5 places above the position seen 10 years ago.
Inflation as measured by the consumer price index (CPI) 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.