Monday 3 December 2007

Belgian inflation doubled in two months almost!


The inflation in Belgium has again strongly increased in November. On an annual basis the inflation has been encouraged up to 2.94 percent, of 2.24 percent in October. The increase is blame especially to the higher prices for fuels.

It is the second successive month that inflation on an annual basis with 0.7 percent point increases. In September inflation 1.51 amounted to percent.

The strong increase of the inflation in November is especially the consequence of higher prices on engine fuels, gas and liquid fuels. Also milk, cheese and eggs, fresh vegetables and to a lesser degree bread and granen became more expensive. Lower pricing was noted down for foreign travel and holiday villages.

The remuneration lane in October with 1,34% compared with October 2006. Compared with the increase of the remuneration stand a increase of the index of the consumption price with 2,24% between October 2006 and October 2007. That means a reduction with 0,90%.
The general Executive Board statistics and economic information calculates 4 times per year an index concerning the development of the remuneration lane of the male workers as from 21 years.
The Belgian index for the consumption price for the month of November amounts to 108.10 points compared with 107.10 points in October.

Source

(Jonas)

2 comments:

Anonymous said...

It is strange, everything is going up. Al cause of the oil prices. I wonder where tis will end?

Anonymous said...

I think the government should do more to enervate hte increase of the inflation. Now they do nothing