Energy Price Drops Ease Inflation, But Core Rate Surges Unexpectedly in April 2025
April 29, 2025
In April 2025, natural gas prices fell by 5.9 percent, while electricity prices decreased by 4.6 percent.
Motor fuel prices also saw a decline, dropping by 1.4 percent this month, with a notable year-on-year decrease of 11.6 percent.
These reductions in energy and fuel prices contributed to a lower inflation rate, particularly in key products such as natural gas, electricity, motor fuels, and various food items.
As a result, inflation based on the health index decreased slightly to 3 percent in April.
However, core inflation, which excludes volatile items like energy and unprocessed foods, rose to 2.81 percent, up from 2.71 percent in March.
This rise in core inflation was unexpected, as the government's Planning Office had predicted an increase to 3.14 percent for April.
In a broader context, inflation in Belgium has dropped to 2.55 percent, marking the lowest level since early 2024.
Despite the overall decline in inflation, certain sectors experienced price increases, with airline ticket prices rising by 11.1 percent and hotel room prices increasing by 5.4 percent.
Summary based on 1 source
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VRT NWS • Apr 29, 2025
Inflation drops to 2.55 per cent, lowest level since early last year | VRT NWS: news