Belgium: Consumer confidence erases gains in June
June 20, 2019
The consumer confidence indicator produced by the National Bank of Belgium (NBB) fell 2 points in June to minus 7 points.
June’s downtick was attributable mainly to deteriorating macroeconomic prospects in the aftermath of the 26 May federal election, which also served to stoke consumers’ anxieties over unemployment. Consumers’ views of their personal finances improved modestly, however.
Author: Christopher Thomas, Economist