Economy in Belgium

  • Belgium Consumer Confidence Unchanged In August

    BELGIUM, 2017/08/22 Belgium's consumer confidence remained unchanged at a record high in August as households' expectations regarding the economy and the unemployment situation continued to improve, survey data from the National Bank of Belgium showed Monday. The consumer confidence index showed a score of 2 for August, unchanged from July. The score was comparable to the level observe during the cyclical peak of 2007, the bank had said in July.

  • Belgium Business Confidence Tumbles In August

    BELGIUM, 2016/08/25 Belgium's business confidence sharply deteriorated in August, next two months of development, survey figures from the National Bank of Belgium showed Wednesday. The business confidence index plunged to -3.1 from 1 in July. Economists had expected a modest decline to 0.8. Weakness was witnessed across the board. Morale in the factory sector sharply declined, mainly due to weaker assessment of order books.

  • Europe in 2016: Terror fears, migration, politics. But economy may turn a corner

    ALBANIA, 2016/01/02

  • Global growth will be disappointing in 2016: IMF's Lagarde

    AFGHANISTAN, 2016/01/02 World economic increase will be disappointing next year and the outlook for the medium-term has as well deteriorated, the chief of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday. IMF Managing Director Christine Lagarde said the prospect of rising interest rates in the United States and an economic slowdown in China were contributing to uncertainty and a higher risk of economic vulnerability worldwide. Added to that, increase in world trade has slowed considerably and a decline in raw material prices is posing problems for economies based on these, while the financial sector in a lot of nations still has weaknesses and financial risks are rising in emerging markets, she said.

  • Revised IMF forecasts signal gloom on global economic outlook

    AFGHANISTAN, 2015/01/20 Low oil prices will not provide a sufficient updraught to dispel the clouds hanging over the world economy, the International Monetary Fund said on Tuesday. In a sign of its increasing gloom about the medium term economic outlook, the IMF cut its world economic increase forecasts by 0.3 % points for both 2015 and 2016, despite believing cheaper oil represents a “shot in the arm”.

  • Belgium's May leading indicator rises by more than expected

    BELGIUM, 2013/05/26 Belgian business confidence, a bellwether for the euro zone, rose by additional than expected in May, data from the central bank showed on Friday. The business confidence index, often referred to as the leading indicator, improved to -12.4 from -14.7 in April, aided by strong rise in the construction and business-related services sectors.

  • Exports to Belgium back to full 2012-09-07

    BELGIUM, 2012/09/07 Norwegian gas exports to Britain, Europe's most traded gas market, dropped sharply on Wednesday morning as supply to Belgium resumed after maintenance. Total pipeline gas deliveries to Europe were up by 5.3 million cubic metres (mcm) to 247.5 mcm per day at 0645 GMT from Tuesday's average of 242.2 mcm, data from gas system operator Gassco showed.
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