Belgium: Economic growth moderates in Q4
January 30, 2015
According to a preliminary estimate released by the National Bank of Belgium (NBB) on 30 January, GDP expanded a seasonally-adjusted 0.1% over the previous quarter in Q4. The result came in below the 0.3% expansion registered in Q3.
Compared to the same period last year, GDP growth decelerated from 1.0% in Q3 to 0.9% in Q4, which marked the slowest growth rate in one year. For the full calendar year 2014, the economy grew an estimated 1.0%, which marked a notable increase over 2013’s 0.3% expansion. More detailed data will be published on 2 March.