Belgium Industrial production April 2019

Belgium

Belgium: Industrial production gains traction in April

June 25, 2019

Industrial output increased 5.5% on a year-on-year seasonally-adjusted basis in April, up from March’s 1.2% result. A breakdown by Belgium’s Statistical Institute revealed that upbeat manufacturing output and a rebound in utilities supply were behind the upturn.

Annual average industrial output growth, meanwhile, rose to 1.7% from 1.3% in March.

On a seasonally-adjusted basis, industrial output rebounded by 2.8% from a month earlier (March: -1.9% month-on-month seasonally adjusted).

FocusEconomics Consensus Forecast panelists expect industrial output to expand 2.7% in 2019, which is up 0.1 percentage points from last month’s forecast, and 1.6% again in 2020.


Author:, Economist

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Belgium Industrial production Chart


Belgium Industry April 2019

Note: Month-on-month and year-on-year changes of seasonally-adjusted industrial production in %.
Source: Statistics Belgium.


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