Belgium: Industrial production contracts in February
April 27, 2015
In February, industrial production fell a seasonally-adjusted 3.3% over the previous month. The reading contrasted the 1.3% expansion registered in January. February’s result reflected a broad-based deterioration across industries.
In year-on-year terms, industrial production fell 4.6%, which marked a deterioration over January’s 0.8% contraction. As a result, annual average growth in industrial output ticked down from plus 0.5% in January to minus 0.4% in February.