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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
BelgiumBelgium Producer Price Index YoY fell to 9.1% in June 2026
FMPMonthlyReleased July 2026
Belgium Producer Price Index YoY fell to 9.1% in June 2026, released July 2026, down 0.6% from May's 9.7% reading. The reading matched the 9.5% consensus. The print is running well above the 12-month average of 1.41%. Over the past 3 months, Producer Price Index YoY averaged 9.2%, vs 0.83% in the prior 3-month window. The reading is in the 92nd percentile of the trailing 24-month range.
Latest Release
9.1
Actual
9.5
Consensus
9.7
Previous
Median Absolute Error
±0.48 percentage points
across last 12 releases
Last Call
Jul 2026
Predicted: 10.88
Actual: 9.1
Error: +1.78
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| XAU/USD | ▲ Direct | +0.37 | COMMODITIES | Moves with | → View |
| EUR/USD | ▲ Direct | +0.27 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Producer Price Index YoY (Belgium) was reported at 9.1% in July 2026. This missed the market consensus of 9.5% by 0.4%. The reading fell from the previous value of 9.7%. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged 2.1%, ranging from -1.8% to 9.7% across 11 releases.
WHY IT MATTERS
The trailing three releases averaged 9.17%, up from the prior three at -0.93%. Volatility over the past year (σ 4.37%) is higher than the prior year (σ 1.9%).
THE MODEL'S TAKE
Historically, this indicator is positively correlated with XAU/USD (Bullish XAU). Over the last 12 releases, the Sigmacast model's median absolute error is 0.48%.
WHAT TO WATCH NEXT
The next release is scheduled for August 28, 2026.
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
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Producer Price Index YoY - BE
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About Producer Price Index YoY — Belgium
DEFINITION
Belgium's Producer Price Index YoY for July came in at 9.1%, missing the 9.5% estimate and down from June's 9.7%. The slowdown from June to July signals easing inflationary pressures in producer prices. Market focus now shifts to upcoming inflation data and central bank responses amid this moderation. Updated 7/31/26
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. 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 (Jun 2026): actual 9.1 %, consensus 9.5 %. Prior reading (May 2026): 9.7 %. Before that (Apr 2026): 8.7 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.
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EXPECTED ZONE
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Economic Calendar - BE Events
| Friday, July 31, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 09:30 | BE | Producer Price Index YoY | 9.1 | 9.7 | 9.5 | 9.30 | Low |