Exchange Rate in Belgium
Belgium - Exchange RatePreliminary national accounts data revealed that GDP expanded at the fastest annual pace since records began in Q2, contrasting Q1’s mild decline. The result was partly due to a low base effect, as Q2 2020 saw the sharpest contraction on record. Nevertheless, available data shows that retail sales grew at a faster pace than the previous quarter in April–June, while unemployment fell sequentially, signaling robust private spending. Moreover, both consumer and business sentiment turned optimistic in Q2, hitting multi-year highs in June. Turning to Q3, consumer and business confidence remained upbeat through July and August, pointing towards healthy activity in the quarter. Additionally, authorities are set to ease pandemic-related restrictions on businesses from 1 September, boding well for momentum at the tail end of the quarter.
Belgium - Exchange Rate Data
|Exchange Rate (vs USD)||1.09||1.05||1.20||1.14||1.12|
5 years of economic forecasts for more than 30 economic indicators.
Belgium Exchange Rate Chart
Source: Thomson Reuters.
|Bond Yield||0.10||0.15 %||Dec 31|
|Exchange Rate||1.12||0.65 %||Dec 31|
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August 30, 2021
A second estimate confirmed that GDP growth accelerated on a seasonally-adjusted quarter-on-quarter basis in the second quarter, expanding 1.7% (previously reported: +1.4% s.a.
August 23, 2021
The consumer confidence indicator produced by the National Bank of Belgium (NBB) came in at plus 5 in August, falling from July’s plus 8 result, but remaining in optimistic territory.
August 10, 2021
Industrial output grew 23.2% year-on-year in calendar-adjusted terms in June (May: +19.5% c.a.
July 29, 2021
According to a preliminary reading, GDP growth edged up to 1.4% on a seasonally-adjusted quarter-on-quarter basis in the second quarter, from 1.1% in the first quarter.
Belgium: Consumer confidence remains stable in July, while business confidence hits new all-time high
July 22, 2021
The consumer confidence indicator produced by the National Bank of Belgium (NBB) came in at June’s plus 8 in July, consequently remaining in optimistic territory.