Belgium’s business confidence rose slightly in September, after declining in the previous few months, survey data from the National Bank of Belgium showed on Tuesday.
The business confidence index edged up to -5.7 from -5.8 in August. In July, the reading was -5.
The index had been falling since April.
The business climate improved in the business services sector and in the building industry, while it weakened in manufacturing industry and trade, the bank said.
In manufacturing, morale deteriorated largely due to entrepreneurs assessment that stock levels are above average. In trade, the sentiment was hurt by a sharp weakening in demand forecasts.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
