Belgium Industrial production October 2015


Belgium: Industrial production recovers in October

December 23, 2015

In October, industrial production rose a seasonally-adjusted 1.2% over the previous month. The increase contrasted the 0.8% drop reported in September (previously reported: -1.5% month-on-month).

In annual terms, industrial production in October matched September’s 1.3% fall (previously reported: -1.4% year-on-year). As a result, annual average growth in industrial output was also in line with September’s minus 0.8% reading.

FocusEconomics Consensus Forecast panelists expect that industrial output will expand 2.1% in 2016, which is down 0.2 percentage points from last month’s forecast. For 2017, the panel sees industrial production picking up to a 2.3% increase.

Author: Jean-Philippe Pourcelot, Economist

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Belgium Industrial production Chart

Belgium Industry October 2015 0

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

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