Belgium: Harmonized inflation rises in October
Latest reading: Harmonized inflation inched up to 4.5% in October from September’s 4.3%. The uptick was primarily due to rising prices for food and non-alcoholic beverages. In addition, price pressures for transportation fell at a less pronounced rate.
Annual average harmonized inflation rose to 3.5% in October (September: 3.0%). Meanwhile, consumer price inflation ticked up to 3.2% in October from September’s 3.1%.
Finally, harmonized consumer prices increased 0.51% in October over the previous month, contrasting September’s 0.39% drop.