Belgium: Economy sustains momentum in Q4 2019
January 30, 2020
The economy grew 0.4% quarter-on-quarter in seasonally-adjusted terms in the fourth quarter, matching the expansion recorded in the third quarter, according to a first estimate released by the National Bank of Belgium (NBB) on 30 January.
On an annual basis, growth fell to 1.2% in Q4 from a revised 1.6% in the previous quarter (previously reported: +1.3% year-on-year). Taking the year as a whole, the economy grew 1.4% in 2019, slightly below 2018’s 1.5% expansion.
A comprehensive release for national accounts will be published on 28 February.
Author: Nicolás J. Aguilar, Economist