Exchange Rate in Belgium
Belgium - Exchange RateGrowth exceeded expectations in the third quarter, after slowing slightly in the second quarter. Although a detailed release is not yet available, household spending likely spearheaded the pick-up amid roaring retail sales in July–August and subdued inflation through the quarter. In addition, despite the industrial slowdown, fixed investment seemingly slowed less than expected in Q3, supported by resilient optimism in the services sector. Meanwhile, although merchandise exports contracted in July–August, a sharper fall in merchandise imports may have prevented a downturn in the external sector. Momentum appears to have been partly sustained at the outset of the fourth quarter, as hinted by a slight improvement in consumer and business confidence in October. In politics, federal coalition talks between the New Flemish Alliance and the Socialist Party failed to take off on 4 November, with both parties disagreeing on major policy points.
Belgium - Exchange Rate Data
|Exchange Rate (vs USD)||1.38||1.21||1.09||1.05||1.20|
5 years of economic forecasts for more than 30 economic indicators.
Belgium Exchange Rate Chart
Source: Thomson Reuters.
|Bond Yield||-0.33||0.15 %||Sep 04|
|Exchange Rate||1.10||0.65 %||Sep 04|
|Stock Market||3,589||-0.23 %||Sep 04|
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October 30, 2019
The economy grew 0.4% quarter-on-quarter in seasonally-adjusted terms in the third quarter, according to a first estimate released by the National Bank of Belgium (NBB) on 30 October, up from the upwardly revised 0.3% qoq s.a.
October 25, 2019
Industrial output jumped to 3.0% on a year-on-year seasonally-adjusted basis in August, above July’s 0.6% outturn.
October 24, 2019
The consumer confidence indicator produced by the National Bank of Belgium (NBB) rose 3 points in October to minus 8, following two consecutive monthly declines.
September 25, 2019
Industrial output slowed to 0.6% on a year-on-year seasonally-adjusted basis in July, markedly below June’s 11.6% outturn, which had marked the fastest expansion since July 2010.
September 24, 2019
The consumer confidence indicator produced by the National Bank of Belgium (NBB) fell 2 points in September to minus 11, a near three-year low.