01-01-1970 12:00 AM | Source: IANS
Belgium`s inflation highest since 1975
The inflation rate in Belgium increased to 11.27 per cent in September, its highest level since August 1975, the country's statistical office Statbel said.
The rate was 9.94 perc ent in August and 9.62 per cent in July, reports Xinhua news agency.
The high price of energy was the main driver of inflation, according to Statbel.
Electricity now costs 81.3 per cent and natural gas 134.9 per cent more than a year ago.
On September 16, the government adopted a new package of relief measures to support households and businesses.
By the end of the year, households will receive a reduction of nearly 400 euros on their gas and electricity bills.
Latest News
FPI selling in equity markets getting absorbed by do...
India set to sign trade deal with Oman to expand its...
India Yes Bank posts Q4 profit beat on lower provisions
Reduce Dr Reddys? Ltd For Target Rs.1,808 - Yes Secu...
Buy Restaurant Brands Asia Ltd For Target Rs.140 -...
Buy Craftsman Automation Ltd For Target Rs.5,395 - ...
Add Larsen & Toubro Ltd For Target Rs.3,444 - Yes Se...
Neutral M&M Financial Services Ltd For Target Rs.300...
Add Aditya Birla Sun Life AMC Ltd For Target Rs.525 ...
Add Gillette India Ltd For Target Rs.7,350 - Yes Sec...