Belgium Business Confidence Improves For Sixth Month

By RTTNews Staff Writer   ✉   | Published:

Belgium's consumer confidence strengthened for a sixth consecutive month in May, led by rising optimism in the services and construction sectors, survey results from the National Bank of Belgium showed Tuesday.

The business confidence index rose to 6.5 from 4.4 in April.

The confidence index for the business-related services sector registered the biggest increase, jumping to 14.8 from 7.0 in the previous month.

The sharp increase was mainly due to a more positive assessment of the outlook for general market demand and firms' own activity, while appraisals of current activity weakened slightly.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.