Belgium: Economic sentiment decreases in August
Latest reading: Economic sentiment fell to 94.7 in August from July’s 95.2. As a result, the index fell further below the long-term average of 100, pointing to a muted near-term outlook for the economy.
The headline print reflected weaker sentiment in the construction, retail and services sectors, as well as among consumers. That said, morale in the industrial sector strengthened from the prior month.
Relating to indicators that are not used to calculate the index, employment expectations deteriorated, while the economic uncertainty index decreased in August.