Why has Belgian private consumption growth been so moderate in recent years?

Article published in the Economic Review of June 2019

Belgian household consumption increased only moderately in recent years, mainly due to a smaller decline in purchases of durable consumer goods during the crisis years and to the fact that wage moderation weighed on labour incomes afterwards

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From 2019 onwards, the articles from the Economic Review are published in French and Dutch in the form of digests, their full version being available only in English.