29 May 2026, 15:18 Belgium: Producer Inflation at 2023-Highs.
Producer prices in Belgium surged by 8.7% year-on-year in April 2026, accelerating sharply from a 3.5% increase in March and marking the strongest rise since March 2023. The acceleration was driven by both domestic prices, which climbed 8.2% after rising 3.7% in March, and non-domestic prices, which jumped 9.7% following a 3.3% increase. Price pressures were broad-based across industries, led by manufacturing, where producer prices surged 9.3%, up significantly from 4.7% in the previous month. Inflation rebounded for mining and quarrying (0.6% vs -0.1%) and electricity, gas, steam and air conditioning supply (2.5% vs -9.1%). Meanwhile, inflation stood for water supply, sewerage, waste management, and remediation activities at 4.2%. On a monthly basis, producer prices rose 2.9% in April, mainly driven by a 7.4% increase in energy prices. Excluding energy, producer prices were up 1.7% from the previous month.
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