The rate of inflation in Belgium has notably decreased, with the Consumer Price Index (CPI) dropping to 2.91% in March 2025, as per the latest data released on March 28, 2025. This marks a decline from February's rate of 3.55%, reflecting a continued easing of inflationary pressures in the Belgian economy.
This downward trend is observed on a Year-over-Year basis, providing a comparative snapshot of March's price changes against those from the same month last year. The earlier figure of 3.55% from February 2025 also represented a year-over-year comparison, indicating a consistent pattern of deceleration in inflation.
The latest figures suggest that the Belgian economy is responding to global economic factors, possibly including shifts in supply chain dynamics and fluctuating energy costs, which have been substantial contributors to the inflationary trend observed over the previous months. Analysts will continue to monitor these developments closely as they assess the broader impact on household spending and economic growth in the coming months.