Belgium city from above

Belgium Industrial production December 2022

Belgium: Industrial output dips in December

Industrial output decreased 2.3% year on year in calendar-adjusted terms in December, which contrasted November’s 3.9% increase. The reading reflected a broad-based downturn across the major sectors, with manufacturing, energy and mining and quarrying all contracting in December.

On a seasonally adjusted monthly basis, industrial production fell 3.2% in December (November: +1.0% mom). Meanwhile, the trend pointed down, with the annual average variation of industrial production coming in at minus 0.8% in December, contrasting November’s plus 0.3% reading.

FocusEconomics Consensus Forecast panelists expect industrial output to fall by 0.1% in 2023, which is up 1 percentage points from last month’s forecast, and expand by 0.9% in 2024.

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 X Download Fullscreen