The inflation rates of various energy commodities in Belgium plummeted in the first half of 2023 but saw a new increase in 2024. Gas saw a steep growth, with the inflation rate standing at over 123 percent in September 2024.
Harmonized index of consumer prices (HICP) energy inflation rate in Belgium from January 2019 to November 2024, by commodity
Characteristic
Energy
Gas
Liquid fuels
Electricity
Nov '24
14.8%
101.8%
-15.9%
15.2%
Oct '24
11.9%
112.3%
-22.2%
13.7%
Sep '24
11%
123.4%
-25.6%
14.8%
Aug '24
11.2%
94.4%
-16.2%
11.3%
Jul '24
23.8%
104.5%
28.1%
9%
Jun '24
25.6%
115.2%
25.5%
13.3%
May '24
20.4%
81.1%
30.6%
3.6%
Apr '24
17.1%
78.4%
23.2%
1.9%
Mar '24
4.5%
28.2%
22.8%
-14.9%
Feb '24
-0.2%
-2.1%
27.3%
-12.2%
Jan '24
-22.3%
-45%
5.5%
-31.8%
Dec '23
-28.7%
-56.4%
4.8%
-35.5%
Nov '23
-36.5%
-68.4%
-8.9%
-42.1%
Oct '23
-42.6%
-74.3%
-16.6%
-50.7%
Sep '23
-33.9%
-69.9%
-3.6%
-43.9%
Aug '23
-28.9%
-62.1%
-4.2%
-36.2%
Jul '23
-33.2%
-59%
-44.4%
-27.1%
Jun '23
-36%
-61.7%
-47.9%
-29.2%
May '23
-32.6%
-57.1%
-44.5%
-26.3%
Apr '23
-27.1%
-58.6%
-31.3%
-20.4%
Mar '23
-19.2%
-43%
-32.3%
-2.3%
Feb '23
-14.7%
-28.7%
-13.2%
-16%
Jan '23
0.9%
-6.4%
8.3%
2.8%
Dec'22
33%
70.3%
21.7%
35.5%
Nov'22
37.9%
61.8%
39.7%
41.9%
Oct'22
69.2%
125.6%
62.6%
84.7%
Sep '22
67.2%
129.9%
64.6%
81.3%
Aug '22
55.3%
103.3%
63.6%
57.2%
Jul '22
55.1%
93.8%
93.3%
44.7%
Jun '22
64.6%
105.6%
115.9%
49%
May '22
65.5%
126.3%
101.8%
54.4%
Apr '22
62.9%
135.2%
94.3%
49.7%
Mar '22
64.8%
143.6%
89.3%
49.9%
Feb '22
65.9%
133.2%
58.9%
72.8%
Jan '22
67%
147.8%
54.1%
70.8%
Dec '21
46.8%
94.4%
49.5%
44.1%
Nov '21
55.7%
113.1%
78.7%
41.8%
Oct '21
40.6%
75.5%
78.4%
25.8%
Sep '21
27.3%
47.6%
58.1%
17.3%
Aug '21
24.5%
48%
39.3%
17.4%
Jul '21
22.1%
37.8%
40.5%
15.3%
Jun '21
18.8%
24.7%
46.8%
10.3%
May '21
19.8%
16%
68.4%
8.4%
Apr '21
16.2%
12.4%
43.3%
7.9%
Mar '21
8.7%
7.4%
20%
4.4%
Feb '21
0.1%
4.2%
-6.9%
1.8%
Jan '21
-6.7%
-1.6%
-23.2%
-0.4%
Dec '20
-9.2%
-8.1%
-27.5%
-4.5%
Nov '20
-11.1%
-8.7%
-34.3%
-4.5%
Oct '20
-11%
-10.2%
-35%
-4.2%
Sep '20
-11.9%
-13.7%
-35.6%
-6.2%
Aug '20
-10.6%
-15.1%
-27.2%
-6%
Jul '20
-11.2%
-15.3%
-27.8%
-6.5%
Jun '20
-13.1%
-16.4%
-31.8%
-7.7%
May '20
-18.9%
-16.2%
-48.6%
-7.9%
Apr '20
-16.8%
-15.8%
-40.9%
-7.6%
Mar '20
-11.8%
-16.8%
-26.5%
-8.3%
Feb '20
-5.6%
-15.4%
-7.8%
-7.2%
Jan '20
-0.3%
-14%
9.6%
-6.3%
Dec '19
-3.7%
-15%
2.6%
-5.8%
Nov '19
-8.6%
-16.9%
-9.1%
-8.1%
Oct '19
-9%
-16.8%
-12.6%
-5.6%
Sep '19
-5.3%
-11.7%
-8%
-0.4%
Aug '19
-4.6%
-11.2%
-7.3%
-0.2%
Jul '19
-2.8%
-9.5%
-4.6%
1%
Jun '19
-1.3%
-2.8%
-8.3%
4.5%
May '19
3.7%
-0.8%
4.7%
5.4%
Apr '19
5.5%
1%
9.4%
6.3%
Mar '19
8.6%
6%
13.9%
8.6%
Feb '19
6.2%
5.6%
8%
8.2%
Jan '19
4.3%
7.2%
-1.3%
9%
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According to the source, the Harmonized Indices of Consumer Prices (HICP) measure changes in the prices of consumer goods and services over time. These indices provide comparable measures of inflation.
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Eurostat. (December 18, 2024). Harmonized index of consumer prices (HICP) energy inflation rate in Belgium from January 2019 to November 2024, by commodity [Graph]. In Statista. Retrieved January 06, 2025, from https://www.statista.com/statistics/1328138/belgium-energy-inflation-rate-by-commodity/
Eurostat. "Harmonized index of consumer prices (HICP) energy inflation rate in Belgium from January 2019 to November 2024, by commodity." Chart. December 18, 2024. Statista. Accessed January 06, 2025. https://www.statista.com/statistics/1328138/belgium-energy-inflation-rate-by-commodity/
Eurostat. (2024). Harmonized index of consumer prices (HICP) energy inflation rate in Belgium from January 2019 to November 2024, by commodity. Statista. Statista Inc.. Accessed: January 06, 2025. https://www.statista.com/statistics/1328138/belgium-energy-inflation-rate-by-commodity/
Eurostat. "Harmonized Index of Consumer Prices (Hicp) Energy Inflation Rate in Belgium from January 2019 to November 2024, by Commodity." Statista, Statista Inc., 18 Dec 2024, https://www.statista.com/statistics/1328138/belgium-energy-inflation-rate-by-commodity/
Eurostat, Harmonized index of consumer prices (HICP) energy inflation rate in Belgium from January 2019 to November 2024, by commodity Statista, https://www.statista.com/statistics/1328138/belgium-energy-inflation-rate-by-commodity/ (last visited January 06, 2025)
Harmonized index of consumer prices (HICP) energy inflation rate in Belgium from January 2019 to November 2024, by commodity [Graph], Eurostat, December 18, 2024. [Online]. Available: https://www.statista.com/statistics/1328138/belgium-energy-inflation-rate-by-commodity/
Energy in Belgium
