Belgium: Economic sentiment deteriorates in July
July 24, 2019
Meanwhile, the NBB’s business confidence indicator inched down in July to minus 5.0 points from minus 4.9 points in June, marking the fourth consecutive monthly deterioration of the index. Increased pessimism across the manufacturing- and trade-related industries drove the downturn.FocusEconomics analysts expect household spending to grow 1.2% in 2019, which is unchanged from last month’s forecast, and 1.6% in 2020.
Author: Nicolás J. Aguilar, Economist