FX.co ★ Belgium’s Monthly Inflation Returns to Positive Territory in June

Belgium’s consumer price index (CPI) turned positive in June 2026, signaling a rebound in monthly price pressures after a brief dip into deflationary territory. Month-over-month, CPI rose 0.30% in June, compared with a 0.08% decline recorded in May 2026.

The latest data, updated on 29 June 2026, marks a clear shift in the short-term inflation trend. The move from -0.08% to 0.30% on a month-over-month basis suggests that price dynamics have firmed again after the previous month’s softness. Under the comparison methodology, the June figure reflects the change versus May, while the earlier May reading captured the change versus April.

This return to positive monthly inflation will be closely monitored by market participants and policymakers, as it may influence expectations around consumer spending, wage negotiations, and the broader trajectory of price stability in Belgium through the second half of 2026.