Belgium’s annual inflation rose to 4.07% in April 2026, from 1.65% in March, marking the highest reading since January 2025. Energy prices surged to 10.58%, rebounding from a 4.41% decline in the previous month. Similarly, natural gas prices picked up to 11.4% from a 14.7% drop previously, while motor fuel prices soared by 27.4%. Inflation was primarily driven by stronger price growth in transport, which accelerated to 7.8% from 5.0%, followed by alcoholic beverages, tobacco and narcotics (2.46% vs 0.36% in March), information and communication (3.49% vs 2.97%), recreation and culture (6.85% vs 5.27%), and miscellaneous goods and services (1.76% vs 0.96%). At the same time, prices rebounded for food and non-alcoholic beverages (1.89% vs -0.87%) and housing and utilities (3.02% vs -3.00%). On a monthly basis, consumer prices increased by 1.47%, the fastest pace since October 2022, following a 0.12% gain in the previous month.