Belgium Business Confidence

Belgium business confidence decreased to -5 in July of 2019 from -4.9 in the previous month, in line with market expectations. It was the worst reading since February 2016, mainly due to a deterioration in confidence among manufacturers (-9.1 vs -8.5 in June) and traders (-4.4 vs -0.7). On the other hand, confidence improved among service providers (4.5 vs 2.0) and constructors (2.6 vs 2.1). Business Confidence in Belgium averaged -7.06 Index Points from 1980 until 2019, reaching an all time high of 9.20 Index Points in March of 2000 and a record low of -31.80 Index Points in March of 2009.

Business Confidence in Belgium is expected to be -3.20 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Belgium to stand at -4.80 in 12 months time. In the long-term, the Belgium Business Confidence is projected to trend around -6.50 Index Points in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2019-04-24	01:00 PM	Business Confidence Apr	-3.2	-0.7	-0.8	-1.3
2019-05-24	01:00 PM	Business Confidence May	-3.6	-3.2	-2.0
2019-06-24	01:00 PM	Business Confidence Jun	-4.9	-3.6	-2.2	-3.3
2019-07-24	01:00 PM	Business Confidence Jul	-5.0	-4.9	-5.0	-4.2
2019-08-23	01:00 PM	Business Confidence Aug		-5.0	-6.0	-4.5
2019-09-24	01:00 PM	Business Confidence Sep				-3.2
2019-10-24	01:00 PM	Business Confidence Oct

Belgium Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	-5.00	-4.90	9.20	-31.80	Index Points	[+]
Industrial Production	5.40	7.50	21.90	-19.90	percent	[+]
Industrial Production Mom	-1.10	3.20	11.90	-9.20	percent	[+]
Manufacturing Production	4.10	6.40	25.40	-21.90	percent	[+]
Capacity Utilization	80.80	80.40	85.00	69.70	percent	[+]
Bankruptcies	1014.00	964.00	1322.00	262.00	Companies	[+]
Car Registrations	45110.00	50044.00	64963.00	13593.00		[+]
Internet Speed	16275.93	15930.63	16275.93	4020.54	KBps	[+]
IP Addresses	4372220.00	4315399.00	5060890.00	1986541.00	IP	[+]
Mining Production	-3.90	-0.30	62.40	-43.50	percent	[+]
Steel Production	720.00	745.00	1488.00	237.00	Thousand Tonnes	[+]
Changes In Inventories	1264.00	1966.00	2379.00	-1451.00	EUR Million	[+]
Competitiveness Index	76.61	76.57	76.61	5.05	Points	[+]
Competitiveness Rank	21.00	19.00	24.00	15.00		[+]
Corruption Index	75.00	75.00	77.00	52.50	Points	[+]
Corruption Rank	17.00	16.00	29.00	15.00		[+]
Ease of Doing Business	45.00	52.00	52.00	20.00		[+]
Electricity Production	6780.00	7356.00	8558.00	4047.00	Gigawatt-hour	[+]

In Belgium, the business confidence survey measures the level of optimism that people who run companies have about the current economic situation and how they feel about their organizations’ prospects in the next three months. Every month, a panel of around 6000 business leaders is contacted. This page provides the latest reported value for - Belgium Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Belgium Business Confidence - actual data, historical chart and calendar of releases - was last updated on August of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	-5.00	-4.90	9.20	-31.80	1980 - 2019	Index Points	Monthly

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Country	Last		Previous	Range
Australia	4.00	Jul/19	2	21 : -30	Index Points
Brazil	57.40	Jul/19	56.9	68.5 : 35	Index Points
Canada	54.20	Jul/19	52.4	75 : 36.1	Index Points
China	49.70	Jul/19	49.4	59.2 : 38.8	Index Points
Euro Area	-0.12	Jul/19	0.17	1.62 : -3.3	Index Points
France	101.00	Jul/19	102	124 : 66	Index Points
Germany	95.70	Jul/19	97.5	110 : 79.9	Index Points
India	113.50	Jun/19	116	128 : 96.4	Index Points
Indonesia	108.81	Jun/19	102	122 : 95.12	Index Points
Italy	100.10	Jul/19	101	122 : 71.5	Index Points
Japan	7.00	Jun/19	12	53 : -58	Index Points
Mexico	49.50	Jul/19	50.7	58.6 : 34	Index Points
Netherlands	3.90	Jul/19	3.3	10.9 : -23.5	Index Points
Russia	-1.00	Jul/19	-1	7 : -20	Index Points
Saudi Arabia	3.00	Jun/16	-12	63 : -12	Index Points
Singapore	-11.00	Jun/19	1	54 : -57	Index Points
South Africa	28.00	Jun/19	28	92 : 12	Index Points
South Korea	73.00	Jul/19	75	119 : 35	Index Points
Spain	-2.80	Jul/19	-3.7	8.5 : -39	Index Points
Switzerland	97.10	Jul/19	93.8	119 : 71.8	Index Points
Turkey	98.30	Jul/19	102	123 : 52.6	Index Points
United Kingdom	-32.00	Sep/19	-13	55 : -75	Index Points
United States	51.20	Jul/19	51.7	77.5 : 29.4	Index Points