Belgium’s consumer price growth accelerated sharply in July 2026, with the Consumer Price Index (CPI) rising 0.63% month-over-month, more than double the 0.30% increase recorded in June 2026. The latest data, updated on 30 July 2026, signals a marked pick-up in short-term price pressures compared with the previous month.
On a month-over-month basis, the “actual” July figure reflects how prices changed from June to July, while the “previous” reading shows how prices moved from May to June. The step-up from 0.30% to 0.63% suggests that inflationary momentum has strengthened heading into the second half of the year, a development that will be closely watched by policymakers and markets alike.
The acceleration in July’s CPI underscores shifting dynamics in Belgium’s price environment, with the pace of monthly inflation now more than twice that seen in the prior comparison period.