Consumer price index

Inflation amounts to 2.15%

Consumer prices
Consumer price index of June 2025

Consumer price index of June 2025

  • Inflation increases from 2.01% to 2.15% in June.
  • The consumer price index this month increases by 0.47 points or 0.35%.
  • Inflation based on the health index remains unchanged at 2.37%.
  • The smoothed health index was running at 132.36 points in June.
  • Core inflation, which does not take into account price evolutions of energy products and unprocessed food, stands at 2.63% in June, compared to 2.59% in May.
  • The most significant price increases in June were registered for holiday villages and camping sites, meat, private rents, hotel rooms, household appliances and repairs, restaurants and cafés, non-alcoholic beverages and fruit. However, electricity has had a decreasing effect on the index.

Inflation now stands at 2.15%, versus 2.01% in May and 2.55% in April. Inflation based on the health index amounted to 2.37% this month, same as in May. Inflation without energy amounts to 2.66% in June compared to 2.43% last month and 2.71% in April. Core inflation, which does not take into account price evolutions of energy products and unprocessed food, was running at 2.63% in June, compared to 2.59% in May and 2.82% in April.

Comment on inflation

With regard to energy, inflation stands this month at -1.75%, compared to -1.10% in May and 0.95% in April. For electricity, inflation is currently at 11.4% compared to 16.0% last month. For natural gas, it decreased from 12.6% last month to 6.2% this month. The price of natural gas has remained stable compared to previous month and the price of electricity has decreased by 0.7%. Prices for domestic heating oil, calculated based on a smoothed 12-month moving average, have declined by 13.6% over a year. Motor fuels cost 6.85% less than in June last year and increased by 0.4% this month compared to the previous month.

Inflation for services has declined to 3.57% from 3.65%. Inflation for rents has increased from 3.60% to 4.09%. Inflation for food products (including alcoholic beverages) stands at 3.14% this month, compared to 2.04% last month.

Energy inflation goes from -1.10% in May to -1.75% in June and accounts for -0.25 percentage points to total inflation. Food, with an inflation rate of 3.14%, accounts for 0.61 percentage points.

The price of natural gas has remained stable compared to the previous month. Prices for electricity have gone down by 0.7% on average this month.

Some products and services that rose sharply in price compared to June last year are:

Upward: Inflation
Cigarettes 23.3%
Domestic services 22.0%
Jewellery 14.4%
Costs for sewerage and waste water treatment 14.0%
Beef and veal 12.6%
Coffee 12.6%
Other fuels (LPG) 12.5%
Passenger transport by bus 11.6%

Some products and services that fell sharply in price compared to June last year are:

Downward: Inflation
Video equipment (television) -19.3%
Smartphones -15.4%
Domestic heating oil -13.6%
Computers -11.8%
Plane tickets -11.7%
Mobile telephone services -10.2%
Tea -9.3%
Tumble dryers, washing machines, dishwashers -8.1%

The main groups with the largest upward effect[i] on inflation in June were “Food and non-alcoholic beverages” and “Hotels, restaurants and cafés” both with an effect of 0.23 percentage points. The largest downward effect was measured for “Transport” with -0.38 percentage points.

The main group with the largest contribution[ii] to inflation is “Food and non-alcoholic beverages” with 0.59 percentage points. The lowest contribution was measured for “Clothing and footwear” with -0.16 percentage points.

The first inflation estimate according to the European harmonised index of consumer prices (HICP flash estimate) amounts to 2.8% in June 2025. 

Comment on the level of the indices

The consumer price index has increased by 0.47 points or 0.35% in June and now amounts to 134.70 points, compared to 134.23 points in May (2013=100). The health index has gone up by 0.50 points to 135.04 points in June, compared to 134.54 points in May. The smoothed health index was running at 132.36 points in June. The next central index for public service and social benefits is set at 133.28 points.

The most significant price increases in June were registered for holiday villages and camping sites, meat, private rents, hotel rooms, household appliances and repairs, restaurants and cafés, non-alcoholic beverages and fruit. However, electricity has had a decreasing effect on the index.

The most important trends this month are:

Upward: Effect: Downward: Effect:
Holiday villages and camping sites +0.075 points Electricity -0.030 points
Meat +0.060 points    
Private rents +0.050 points    
Hotel rooms +0.050 points    
Household appliances and repairs +0.040 points    
Restaurants and cafés +0.035 points    
Non-alcoholic beverages +0.035 points    
Fruit +0.030 points    

Holiday villages and camping sites became on average 7.2% more expensive this month. Prices for meat have gone up by 1.2% on average this month. Private rents were on average 0.6% more expensive. Hotel rooms increased by 4.2% on average. The price of household appliances and repairs increased by an average of 3.7%. Prices for restaurants and cafés increased by 0.3% on average. Prices for non-alcoholic beverages were on average 1.6% more expensive than last month. The price of fruit has gone up by 1.6% on average this month.

Prices for electricity decreased by 0.7% on average.

2013 = 100 March April May June
Consumer price index 135,56 134,44 134,23 134,7
Inflation 2,91% 2,55% 2,01% 2,15%
Health index 135,91 134,77 134,54 135,04
Smoothed health index* 132,53 132,79 132,55 132,36
* defined in the law of 23 April 2015 on the promotion of employment (Belgian Official Journal of 27 April 2015)

 


[i] The effect on inflation shows the changes on the inflation rate by including this product group in the CPI calculation. The effect not only takes the weight of the product group into account, but it also takes into account whether the product group inflation is higher or lower than that of the total expenditure (overall CPI).

[ii] The contribution to inflation of a specific product group shows how much of the change in the total expenditure is due to the price variation of this product group.

Indices
Content

Consumer price index, inflation, health index, health index (moving average), index without energy and petroleum, last 13 months

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Base year
Inflation
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4 groups
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Purpose and brief description

The consumer price index is an economic indicator whose main task is to objectively reflect the price evolution over time for a basket of goods and services purchased by households and considered representative of their consumer habits. The index does not necessarily measure the price level of this basket for a specific period of time, but rather the fluctuation between two periods, the first one acting as basis for comparison. Moreover, this difference in the price level is not measured in absolute, but in relative terms. The consumer price index can be determined as a hundred times the ratio between the observed prices of a range of goods and services at a given time and the prices of the same goods and services, observed under the same circumstances during the reference period, chosen as basis for comparison. Price observations always take place in the same regions.

Since 2014, the consumer price index has been a chain index in which the weighting reference period is regularly shifted and prices and quantities are no longer compared between the current period and a fixed reference period, but the current period is compared with an intermediate period. By multiplying these short-term indices, and so creating a chain, we get a long-term series with a fixed reference period.

Population

Belgian private households

Data collection method and possible sampling

Survey technique applied using a computer, based on the use of electronic questionnaires and laptops.

Frequency

Monthly.

Timing of publication

The results are available on the penultimate working day of the reference period.

Definitions

Weight (CPI): The weight represents the importance of the goods and services included in the CPI in the total expenditure patterns of the households. Weights are determined based on the household budget survey.

Consumer price index (CPI): The consumer price index is an economic indicator whose main task is to objectively reflect the price evolution over time for a basket of goods and services purchased by households and considered representative of their consumer habits.

Health index: The health index is derived from the consumer price index and has been published since January 1994. The current value of this index is determined by removing a number of products from the consumer price index product basket, in particular alcoholic beverages (bought in a shop or consumed in a bar), tobacco products and motor fuels except for LPG.

Inflation: Inflation is defined as the ratio between the value of the consumer price index of a given month and the index of the same month the year before. Therefore, inflation measures the rhythm of the evolution of the overall price level.

Consumer price index without petroleum products: This index is calculated by removing the following products from the consumer price index: butane, propane, liquid fuels and motor fuels.

Consumer price index without energy products: This index is calculated by removing the following products from the consumer price index: electricity, natural gas, butane, propane, liquid fuels, solid fuels and motor fuels.

Smoothed index: The smoothed health index, also called smoothed index (the average value of the health indexes of the last 4 months) is used as a basis for the indexation of retirement pensions, social security benefits and some salaries and wages. Public wages and social benefits are indexed as soon as the smoothed index reaches a given value, called the central index. The smoothed index is also called moving average.

In order to perform a 2% index jump (laid down in the Law of 23 April 2015 on employment promotion), the smoothed health index has been temporarily blocked at its value of March 2015 (100.66). The smoothed health index was then reduced by 2% from April 2015. When the reduced smoothed health index (also called the reference index) had increased again by 2% or in other words when it had exceeded the value of 100.66, the index was no longer blocked. It occurred in April 2016.

Since April 2016 the smoothed health index is calculated in the same manner as the reference index and therefore corresponds to the arithmetical mean of the health indexes of the last 4 months multiplied by a factor of 0.98.

The central index is a predetermined threshold value against which the smoothed health index is compared. If the central index is reached or exceeded, there is an indexation of the wages and salaries or benefits. This indexation is proportional to the percentage between the old and the new central index. For the public sector and social benefits, the difference between the central indices always amounts to 2 %. Therefore, a 2 % indexation is applied every time the central index is reached. There are also collective labour agreements according to which the difference between the central indices amounts to 1 % or 1.5 %. The reaching of a central index then leads to an indexation of 1 % or 1,5 %.
See also: https://bosa.belgium.be/nl/themas/werken-bij-de-overheid/verloning-en-voordelen/loonwedde/indexatie/indexatie-algemene
And : https://bosa.belgium.be/fr/themes/travailler-dans-la-fonction-publique/remuneration-et-avantages/traitement/indexation-0

An effect on inflation shows the changes on the inflation rate by including this product group in the CPI calculation. The effect not only takes the weight of the product group into account, but it also takes into account whether the product group inflation is higher or lower than that of the total expenditure (overall CPI).

The contribution to inflation of a specific product group shows how much of the change in the total expenditure is due to the price variation of this product group.

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