In September, industrial production expanded 8.1% over the same month last year, which was up a full percentage point from the rise seen in the previous month. The expansion represented the seventh consecutive month of positive growth in industrial output. The acceleration registered in September was mainly the result of faster growth in the manufacturing sector (August: +10.3% year-on-year; September: +11.0% yoy), as well as in the electricity, gas and water supply sector (August: +3.8% yoy; September: +4.1% yoy). In addition, construction bounced back in September (August: -0.3% yoy; September: +0.8% yoy), after two consecutive months of declining activity. A month-on-month comparison confirms the expansion suggested by the annual figures. Industrial production rose a seasonally adjusted 1.3% in September, which contrasted a flat reading observed in August. The trend continues to point to a strong recovery in the industrial sector, with annual average variation in industrial production rising from the flat figure observed in August to 1.8% in September, which represented the first reading mired in positive territory after 21 consecutive months of recession.
Industrial output accelerates in September
November 30, 2010
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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.