In September, industrial production increased 4.8% over the same month last year, which was less than half the 10.5% expansion recorded in August. The September slowdown included a deceleration in manufacturing output, particularly in the production of textiles and the output of transport equipment. A month-on-month comparison points to a sharper deterioration in industrial production than that suggested by the annual figures, as industrial output fell a seasonally adjusted 1.8% over the previous month, which contrasted the 5.0% increase observed in August. Owing to the monthly outturn, the trend continues to point to a sluggish performance in the industrial sector, with annual average growth in industrial production falling from 7.7% in August to 7.3% in September, which marked the slowest pace since July 2010.
Industrial production slows in September
November 24, 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.