Belgium Consumer Confidence June 2019

Belgium

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.

FocusEconomics analysts expect household spending to grow 1.2% in 2019, which is up 0.1 percentage points from last month’s forecast, and 1.6% in 2020.


Author:, Economist

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Belgium Consumer Confidence Chart


Belgium Consumer Confidence June 2019

Note: Business and consumer confidence indicators.
Source: National Bank of Belgium (NBB).


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