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The 3.6 point drop is the biggest recorded since September last year. The drop in confidence is evident in the four main branches of activity surveyed, although a bit less marked in construction and trade.

barometer

The financial health of companies did not deteriorate significantly in 2020. This finding confirms the success of the public policy measures and the financial interventions by companies themselves.

vrouw lacht naar collega

The slowdown in export growth can be largely explained by the drop in coronavirus vaccine sales. Imports have continued to grow strongly in the chemicals, mineral products and metals sector.

bovenaanzicht van camions die in een rij staan

According to the NBB’s spring projections, the Belgian economy is temporarily expected to lose momentum not least because of the war in Ukraine and the strict coronavirus lockdowns in China. The energy shock is a clear setback for the Belgian economy, but it remains resilient and economic growth is forecast to gather pace again from the end of this year.

Econoom Geoffrey Minne stelt economische projecties voor

The ECB has announced that it will soon be raising its main interest rates for the first time in eleven years. Our expert explains the workings of long-term interest rates, which are going back up again after having fallen to a record low at the height of the coronavirus crisis. Historically speaking, interest rates are nevertheless still low, especially after correcting for inflation expectations.

Miniatuur-bouwvakkers op %-toets van klavier

As expected, Belgian economic growth remained strong in the previous quarter, but the economy is now expected to stagnate in the second quarter of 2022. The sharp rise in prices is dampening consumer confidence or at least causing a temporary loss of purchasing power, which is holding back household consumption. Investment is also on the decline.

Tankpomp

The 3.6 point drop is the biggest recorded since September last year. The drop in confidence is evident in the four main branches of activity surveyed, although a bit less marked in construction and trade.

barometer
  • Financial Market Infrastructures and Payment Services Report 2022

  • Press release - Net international investment position and balance of payments financial account (2022-I)

  • Press release - NAI - Quarterly sector accounts (2022-I)

  • National accounts - Update NBB.Stat series - Quarterly accounts (2022-I)

  • National accounts - Update NBB.Stat series - Labour market (2022-I)

  • Economic indicators for Belgium (2022-26)

  • Economic indicators for Belgium (2022-27)

  • Press release - Financial accounts of Belgium (2022-I)

  • Press release - Non-money market undertakings for collective investment under Belgian Law (2022-I)

  • Foreign Trade statistic - Monthly Bulletin (F-N) (2022-04)

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