Inflation rises to almost 9% | VRT NWS: news

The latest inflation figures show a further rise in the inflation rate. The May figures that were released on Monday morning show that inflation in Belgium now stands at 8.97%, the highest level in almost 40 years. In August 1982 inflation in Belgium rose to just over 9%. The current high level of inflation is to a large extent due to the sharp increase in energy prices during the past year. However, increases in the price of food are also serving to fuel inflation.