In June, the business confidence indicator published by the National Bank of Belgium fell to minus 13.2 points from minus 11.2 points in May, marking the fourth consecutive deterioration and the lowest level since October 2009. Moreover, the drop exceeded market expectations, which had anticipated the index would fall to minus 12.0 points. Meanwhile, the Bank's June consumer confidence indicator remained steady at May's minus 10 points, revealing that consumers' assessment of the overall economic situation for the next 12 months improved somewhat compared to the previous month, whereas respondents to the June survey were more concerned about an increase in unemployment.
Belgium Economic Sentiment
Forward-looking indicators point to weak growth going forward
June 25, 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.