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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
BelgiumBelgium Harmonised Inflation Rate YoY fell to 4.1% in May 2026
FMPMonthlyReleased May 2026
Belgium Harmonised Inflation Rate YoY fell to 4.1% in May 2026, down 0.1% from April's 4.2% reading. The print came in cooler than the 4.9% consensus, a softer print than forecasters anticipated.
Latest Release
4.1
Actual
4.9
Consensus
4.2
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
| USD/JPY | ▲ Direct | +0.30 | FOREX | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Harmonised Inflation Rate YoY (Belgium) was reported at 4.1% in May 2026. This missed the market consensus of 4.9% by 0.8%. The reading fell from the previous value of 4.2%. Trailing 12-month context per ETL data through May 2026.
WHAT TO WATCH NEXT
The next release is scheduled for June 29, 2026.
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Harmonised Inflation Rate YoY - BE
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About Harmonised Inflation Rate YoY — Belgium
DEFINITION
The Harmonised Inflation Rate YoY is a key financial indicator that measures the annual change in the overall price level of goods and services in a country. It takes into account the impact of price changes on both domestic and international markets, providing a more comprehensive view of inflation. This indicator is widely used by policymakers and investors to assess the health of an economy and make informed decisions regarding monetary policy and investment strategies. A higher Harmonised Inflation Rate YoY indicates a rise in prices, while a lower rate suggests a decrease in inflation.
WHY THIS INDICATOR MATTERS
Inflation prints feed directly into central-bank policy expectations and real-yield calculations, and are among the most rate-sensitive releases on the calendar. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual 4.1 %, consensus 4.9 %. Prior reading (Apr 2026): 4.3 %. Before that (Apr 2026): 4.3 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print. Current dynamics are the primary tailwind in the projection.