Inflation in October tops 12% | VRT NWS: news

Inflation in Belgium continues to rise. Figures released on Friday morning show that this month the rate of inflation in Belgium rose to 12.27%. As in previous months the high price of gas is a major contributory factor fuelling inflation. However, rising food price are also contributing to the inflation hike. The high inflation rate, the highest rate in 47 years, has led to the trigger index being exceeded once again. This is the fourth time that the trigger index has been exceeded this year. E