Belgium’s producer prices rose by 13.6% year-on-year in September 2026, up from a revised 11.4% in August, marking the highest rate since December 2022. Inflation strengthened for capital goods (2.96% vs. 2.94% in August) and energy (13.6% vs. 11.4%).
In contrast, price pressures eased for durable consumer goods (4.7% vs. 5.0%) and intermediate goods (15.1% vs. 15.9%), while deflation in non-durable consumer goods moderated (-0.4% vs. -0.8%).
By sector, prices increased for manufacturing (12.7% vs. 11.2%) and for electricity, gas, steam, and air conditioning supply (25.7% vs. 15.7%). At the same time, price growth slowed in mining and quarrying (2.5% vs. 5.2%), and remained unchanged at 4.2% for water supply, sewerage, waste management, and remediation services.
By market, producer price inflation accelerated in both the domestic market (12.2% vs. 10.5%) and the non-domestic market (16.6% vs. 13.5%). On a monthly basis, producer prices rose by 1.9%, easing from a revised 2.1% increase in the previous month.
