Welcome to the website of the National Bank of Belgium

In the euro area, 12% of prices are adjusted each month. One third of these adjustments are price cuts which, on average, are more significant than price increases. The frequency and scale of these price adjustments vary greatly from one sector to another. For example, prices for services (6%) are adjusted less often than those for unprocessed foods (31%).

Consumer confidence plummets in September. Rising energy prices, inflation and the war in Ukraine are weighing heavily on consumer sentiment. Consumers are pessimistic about both the Belgian economy as a whole and their personal situation.

Consumer confidence

Read the market release by the National Bank of Belgium here.

hoofdingang gebouw Nationale Bank

According to the latest foreign trade figures, Belgium had a record trade deficit of €5.5 billion in July 2022, mainly due to rising energy prices. Import growth was driven by the arrival on our shores of a new COVID-19 drug, while foreign trade in natural gas continued its strong upward trajectory. 

The world of online payments is constantly changing as new services and protections are introduced. The National Bank keeps a close eye on the latest developments. Find out what’s changed and read more about the NBB’s mission in this regard.

According to the National Bank's nowcast, the Business Cycle Monitor, galloping energy prices are expected to bring about a slight contraction in economic activity in the third quarter, although the economy grew somewhat in the second quarter.

  • National Bank maintains countercyclical capital buffer for financial institutions at 0%

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

  • Economic indicators for Belgium (2022-39)

  • Economic indicators for Belgium (2022-40)

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

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

  • Press release - Foreign Trade (F-N) (2022-07)

  • Foreign Trade statistic - Monthly Bulletin (F-N) (2022-07)

  • Economic indicators for Belgium (2022-41)

  • Press release - NAI - Detailed annual accounts and tables (2021)

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