Industrial production in Belgium fell 6.4 percent year-on-year in August of 2020, following a downwardly revised 0.9 percent drop in the previous month. It was the sixth consecutive month of falls in industrial activity. source: Statistics Belgium
Industrial Production in Belgium averaged 2.35 percent from 2001 until 2020, reaching an all time high of 18.70 percent in January of 2001 and a record low of -19.30 percent in April of 2020. This page provides the latest reported value for - Belgium Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Belgium Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.
Industrial Production in Belgium is expected to be -3.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Belgium to stand at 6.10 in 12 months time. In the long-term, the Belgium Industrial Production is projected to trend around 5.20 percent in 2021 and 2.50 percent in 2022, according to our econometric models.