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Belgium Economic Sentiment October 2018

Belgium: Consumer confidence improves marginally in October

The consumer confidence indicator produced by the National Bank of Belgium (NBB) inched up from 0.0 points in September to 1.0 points in October. The uptick was driven by consumers’ improved outlook over the labor market in the year ahead as well as over their financial situation and savings capacity in 12 months’ time. Meanwhile, households’ views over the general economic situation in the next 12 months deteriorated slightly from September.

Belgium Private Consumption Forecast

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