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Belgium Consumer Confidence July 2023

Belgium: Consumer confidence rises in July

In July, consumer confidence showed an improvement, rising to minus 6.0 from June’s minus 9.0. This positive shift was observed across various subcomponents. Notably, households expressed optimistic expectations for the upcoming 12 months, anticipating improvements in their financial situations, Belgium’s unemployment level, and their personal savings. Additionally, views on the overall economic situation were less pessimistic compared to the previous month. These developments signal an improving outlook and growing confidence among consumers in Belgium’s economic prospects.

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