Belgian Inflation Rises Above 5 Percent
4 Articles
4 Articles
The wars in the Middle East and Ukraine largely explain this sharp increase. ...
Key takeaways In October, the general inflation rate in Belgium rose to 5.26 percent, compared to 4.69 percent in September and 3.97 percent in August. During this period, the consumer price index rose by 0.91 percent, or 0.95 points, to 105.37 points. The health index also showed an upward trend: from 4.00 percent in September to 4.53 percent in Oct […]
Photo News Inflation continued to suffer the increase in energy costs from 4.69% in September to 5.26% in October, said the Belgian statistical office Statbel.The main price increases recorded in October were natural gas, electricity, private rents, heating oil, mining in higher education, clothing, holiday villages and campsites and plane tickets, Statbel said. Tourist packages and hotel rooms, however, drew the index down.
The war in Iran is making energy significantly more expensive, and that is driving the inflation figure for October above 5 percent. Gas now costs more than half as much as it did a year ago.
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