Belgium city from above

Belgium Industrial production September 2022

Belgium: Industrial output grows at quickest pace since March in September

Industrial output grew 0.8% year on year in calendar-adjusted terms in September, which contrasted August’s 7.3% decrease. The figure marked the best reading since March. The reading reflected a broad-based upturn, with activity in the manufacturing, energy and mining and quarrying sub-sectors all improving in September.

On a monthly basis, industrial production rose 7.1% in seasonally adjusted terms in September, contrasting Augusts 3.4% fall and marking the best result since June 2021. Meanwhile, annual average industrial production growth fell to 1.9% in September (August: +3.2%), which marked an over one-year low.

FocusEconomics Consensus Forecast panelists expect industrial output to fall by 1.2% in 2023, which is up 0.2 percentage points from last months forecast, and expand by 2.3% 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