Belgium city from above

Belgium Economic Sentiment October 2023

Belgium: Economic sentiment records worst reading since November 2022 in October

Economic sentiment came in at 85.1 in October, down from September’s 88.8. October’s result marked the worst performance since November 2022. As a result, the index remained entrenched below the long-term average of 100, pointing to a muted near-term outlook for the economy.

The headline print reflected declining sentiment in the industrial sector and healthier sentiment in the construction sector. Meanwhile, confidence in the services sector softened in October, while sentiment in the retail sector cooled in the surveyed month. Lastly, consumer confidence cooled in October.

Relating to indicators that are not used to calculate the index, employment expectations weakened, while the economic uncertainty index fell in October.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest