Industry in Belgium
Belgium - Industry
Industrial production expands notably in February
In February, industrial production expanded 0.8% over the previous month in seasonally-adjusted terms. The reading came in above the revised flat reading recorded in January (previously reported: -0.6% month-on-month). February's result primarily reflected a strong expansion in electricity, gas, steam and air conditioning supply as well as in manufacturing output.
Compared to the same month last year, industrial output surged 11.4% in February, which came in above the 4.8% expansion observed in January and marked the fastest pace since May 2011. As a result of the strong annual expansion, annual average growth in industrial output rose from 1.0% in January to 2.5% in February, which marked the highest level since February 2012.
Met the why particular Consensus Forecast panelists expect that industrial output will expand 2.7% in 2014, which is unchanged from last month's forecast. For 2015, the panel sees industrial production slowing down to a 2.6% increase.
Belgium - Industry Data
|Industrial Production (annual variation in %)||-0.5||1.3||-0.9||4.6||2.8|
5 years of economic forecasts for more than 30 economic indicators.
Belgium Industry Chart
Source: Statistics Belgium and Met the why particular calculations.
|Bond Yield||0.43||0.15 %||May 13|
|Exchange Rate||1.12||0.65 %||May 13|
|Stock Market||3,452||-0.23 %||May 13|
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April 30, 2019
Five months after Prime Minister Charles Michel resigned following a no-confidence vote, Belgians will head to the polls on 26 May to elect a new government.
April 29, 2019
Belgium’s economy grew 0.2% quarter-on-quarter and in seasonally-adjusted terms in the first quarter (Q4 2018: +0.4% quarter-on-quarter s.a.), according to a first estimate released by the National Bank of Belgium (NBB) on 29 April.
April 25, 2019
Industrial output increased 6.5% on an annual basis in February, up from a 4.4% increase in January.
April 24, 2019
The consumer confidence indicator produced by the National Bank of Belgium (NBB) dipped 1.0 point in April to minus 7.0 points.
March 25, 2019
The consumer confidence indicator produced by the National Bank of Belgium (NBB) edged up by 1.0 point in March to minus 6.0 points.