Belgium: Industrial production ticks up in November
January 25, 2017
Industrial production in Belgium in November increased a seasonally adjusted 1.0% from the previous month, up from the 0.4% increase recorded in October (previously reported: +1.4%). The rise was mainly driven by an expansion in the mining and quarrying, manufacturing and electricity, gas, steam and air conditioning supply sub-sectors.
In annual terms, industrial production rose 1.4% in November, contrasting October’s 2.0% fall. Meanwhile, annual average growth dipped from 4.0% in October to 3.7% in November.
Author: Oliver Reynolds, Economist