Belgium has highest inflation of the Eurozone

Of all Eurozone countries Belgium experienced the highest level of inflation in May. The Eurozone as a whole recorded negative inflation of -0.1% last month.

Belgium inflation stood at 1.5% compared to only 0.8% in May of last year. Belgian inflation at 1.5% was higher than in Malta (1%) and Sweden (0.8%). The lowest inflation was recorded in Romania -3%, Bulgaria -2.5% and Cyprus -1.9%.

Belgium's high inflation is due to the rise in electricity prices. The European statistics people say that it's above all restaurant and pub prices that have risen as well as the cost of rent and price of tobacco.