Bloomberg News

Belgian October Inflation Holds Steady as Motor Fuel Prices Fall

October 27, 2011

Oct. 27 (Bloomberg) -- Belgian inflation held steady in October as the lower cost of motor fuel and potatoes offset higher prices for fresh vegetables and fruit.

The inflation rate in Belgium, the sixth-largest economy in the euro region, was little changed at 3.57 percent, compared with 3.55 percent in September, the Ministry of Economic Affairs in Brussels said today in an e-mailed statement.

Inflation this month was mainly driven by the higher cost of tomatoes, cauliflowers, lettuces and green beans, the ministry said. Excluding energy, inflation accelerated to 1.81 percent this month from 1.68 percent in September, according to today’s report.

--Editor: Jones Hayden

To contact the reporter on this story: Andrew Clapham in Brussels at aclapham@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net


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