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FX.co ★ Belgium CPI Drops by -0.48% in April 2024

Belgium CPI Drops by -0.48% in April 2024

In April 2024, Belgium's Consumer Price Index (CPI) took a downward turn, decreasing by -0.48% compared to the previous month. This marks a significant shift from the previous month, March 2024, when the indicator had risen by 0.55%. The latest data update on 29th April 2024 revealed this change, reflecting a Month-over-Month comparison. The CPI serves as a crucial measure of inflation levels and cost-of-living changes within a country, impacting various economic factors such as consumer spending, investment decisions, and monetary policy. The recent drop in Belgium's CPI could potentially influence the country's economic outlook and policy decisions in the upcoming months.

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