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Belgium Industrial production March 2019

Belgium: Industrial output slips in March

Industrial output decreased 0.8% on an annual basis in March, contrasting a 5.9% increase in February. A breakdown by Statistics Belgium revealed that stalled gains in manufacturing output and setbacks in mining and quarrying, as well as in the utilities supply, were behind the downturn.

Annual average industrial output growth, meanwhile, ticked down to 1.8% from 1.9% in February.

On a seasonally-adjusted basis, industrial output fell 2.6% from a month earlier (February: +0.0% month-on-month s.a.).

Belgium Industrial Production Forecast

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