Belgium Industrial production February 2019


Belgium: Industrial output accelerates in February

April 25, 2019

Industrial output increased 6.5% on an annual basis in February, up from a 4.4% increase in January. A breakdown by Statistics Belgium revealed that upbeat gains in manufacturing output drove the outturn.

On a seasonally-adjusted basis, industrial output was stable from a month earlier (January: +5.0% month-on-month s.a.).

FocusEconomics Consensus Forecast panelists expect industrial output to expand 2.0% in 2019, which is unchanged from last month’s forecast, and 3.0% in 2020.

Author:, Economist

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Belgium Industrial production Chart

Belgium Industry February 2019

Note: Month-on-month changes of seasonally-adjusted industrial production and annual growth rate of unadjusted industrial production in %.
Source: Statistics Belgium.

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