In the third quarter, GDP remained unchanged over the previous quarter in seasonally and calendar adjusted terms, according to a preliminary estimate released by the National Bank of Belgium on 28 October. The subdued reading contrasted the revised 0.4% increase registered in the second quarter (previously reported: +0.5% quarter-on-quarter) and marked the first period without growth since the economy came out of recession in the second quarter of 2009. A more detailed national accounts data set will be published on 7 December. Compared to the same period last year, GDP increased 1.8% in the third quarter, which was slower than the 2.2% expansion observed in the second quarter. The increase marked the slowest expansion since the second quarter of 2010. The Central Bank anticipates that the economy will grow 2.6% this year, before slowing to 2.2% in 2012.
Economic growth stalls in third quarter
October 28, 2011
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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.