Belgium Consumer Prices Decline For Fourth Straight Month

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Friday, Belgium's National Institute of Statistics announced that the consumer price index or CPI dropped 0.78% year-on-year in August, compared to the 1.68% fall in the previous month. This was the fourth consecutive month of negative inflation. A year earlier, the inflation rate was 5.39%.

The CPI, excluding energy rose 1.56% in August, slower than the 1.60% in the previous month. But, prices of vegetables, fruits and traveling abroad decreased.

On a monthly basis, the CPI increased 0.31% in August.

Friday, Belgium's National Institute of Statistics announced that the consumer price index or CPI dropped 0.78% year-on-year in August, compared to the 1.68% fall in the previous month. This was the fourth consecutive month of negative inflation. A year earlier, the inflation rate was 5.39%. (Market News Provided by RTTNews)