Financial News: Belgium Inflation Rises To 16-month High In May

Belgium Inflation Rises To 16-month High In May

05/28/2026 - 10:55:00 (RTTNews)

(RTTNews) - Belgium's consumer price inflation increased slightly in May to the highest level in nearly one-and-a-half years amid higher energy costs, figures from the statistical office showed on Thursday.

The consumer price index climbed 4.08 percent year-over-year in May, faster than the 4.01 percent rise in April. Moreover, a similar inflation rate was last seen in January 2025.

Inflation based on energy quickened to 11.2 percent from 10.6 percent in April. The data showed that motor fuel costs were 27.3 percent more expensive compared to last year.

Services inflation rose to 5.9 percent from 5.3 percent, while the annual price growth in food products eased to 1.2 percent from 1.9 percent.

Excluding energy products and unprocessed food, core inflation rose to 3.59 percent in May from 3.55 percent in April.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

New Zealand GDP Data Due On Thursday (01 hr(s), 16 min(s), 13 sec(s) ago)
(RTTNews) - New Zealand will on Thursday release Q1 numbers for gross domestic product, highlighti ...Full Story»

Fed Leaves Interest Rates Unchanged, Officials See Possible Rate Hike This Year (04 hr(s), 49 min(s), 13 sec(s) ago)
(RTTNews) - Following Kevin Warsh's first monetary policy meeting as Federal Reserve chairman, ...Full Story»

U.S. Business Inventories Increase In Line With Estimates In April (07 hr(s), 31 min(s), 13 sec(s) ago)
(RTTNews) - Business inventories in the U.S. increased in line with economist estimates in the mon ...Full Story»

U.S. Pending Home Sales Spike Much More Than Expected In May (08 hr(s), 0 min(s),13 sec(s) ago)
(RTTNews) - A report released by the National Association of Realtors on Wednesday showed a substa ...Full Story»

U.S. Crude Oil Inventories Plunge Much More Than Expected (08 hr(s), 40 min(s), 13 sec(s) ago)
(RTTNews) - A report released by the Energy Information Administration on Wednesday showed crude o ...Full Story»

Malta HICP Inflation Eases To 15-month Low (09 hr(s), 20 min(s), 13 sec(s) ago)
(RTTNews) - Malta's EU measure of inflation moderated in May to the lowest level in more than ...Full Story»

U.S. Retail Sales Growth Exceeds Estimates In May (09 hr(s), 33 min(s), 13 sec(s) ago)
(RTTNews) - Retail sales in the U.S. increased by much more than expected in the month of May, acc ...Full Story»

U.S. Retail Sales Climb Much More Than Expected In May (10 hr(s), 38 min(s), 13 sec(s) ago)
(RTTNews) - Retail sales in the U.S. increased by much more than expected in the month of May, acc ...Full Story»