In March, the business confidence index published by the National Bank of Belgium fell to minus 9.6 points from minus 7.7 points in February, which represents the first decline after the indicator improved for three consecutive months. The reading surprised private sector analysts, as they had expected the index to improve to minus 7.0 points. The March survey showed that business sentiment deteriorated in almost all sub-categories, especially in the trade sector. In contrast, business-related services saw confidence improve compared to the previous month. At the same time, however, consumer sentiment picked up in March, with the Central Bank's consumer confidence indicator improving to minus 12 points from minus 20 points in February, which had marked the lowest level since April 2009. According to the Bank, consumers revealed a less pessimistic assessment about economic prospects for the year ahead, as well as a less negative opinion regarding their financial situation for the next 12 months. Likewise, households appeared to be more optimistic about the labour market.
Belgium Economic Sentiment
Forward-looking indicators paint mixed picture
March 22, 2012
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Belgium Economic News
October 21, 2016
The business confidence index produced by the National Bank of Belgium (NBB) rose from minus 2.2 points in September to minus 1.8 points in October.
Belgium: Business confidence recovers timidly but consumer confidence deteriorates further in September
September 23, 2016
The business confidence index produced by the National Bank of Belgium (NBB) rose from minus 3.1 points in August to minus 2.2 points in September.
September 23, 2016
In July, industrial production increased a seasonally-adjusted 1.9% over the previous month, which was above the 1.2% registered in June and represented a 6-months high.
August 31, 2016
In the second quarter of 2016, GDP increased a seasonally-adjusted 0.5% over the previous quarter, according to comprehensive data released by the National Bank of Belgium (NBB) on 31 August.
August 25, 2016
In June, industrial production increased a seasonally-adjusted 2.0% over the previous month, which contrasted the 0.4% contraction in May.