The consumer confidence indicator in Belgium declined to 1 in November of 2021 from 4 in the previous month. It was the lowest reading since April, as household’s expectations deteriorated for the economic situation in Belgium (-7 vs 0 in October), and household savings (15 vs 16). At the same time, expectations improved for unemployment (0 vs -3), while no change took place for households' financial situation (at -3). source: National Bank of Belgium

Consumer Confidence in Belgium averaged -7.17 points from 1985 until 2021, reaching an all time high of 16 points in August of 2000 and a record low of -28 points in January of 1985. This page provides - Belgium Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.

Consumer Confidence in Belgium is expected to be 2.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Consumer Confidence is projected to trend around -2.00 points in 2022 and -4.00 points in 2023, according to our econometric models.

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Belgium Consumer Confidence


Calendar GMT Actual Previous Consensus TEForecast
2021-10-21 09:00 AM Oct 4 8 7
2021-11-22 10:00 AM Nov 1 4 4
2021-12-21 10:00 AM Dec 1 3


Related Last Previous Unit Reference
Consumer Confidence 1.00 4.00 points Nov/21
Consumer Spending 54276.00 52432.00 EUR Million Jun/21
Disposable Personal Income 98316.40 93248.20 EUR Million Jun/21
Personal Savings 21.00 23.50 percent Mar/21

News Stream
Belgium Consumer Confidence at 7-Month Low
The consumer confidence indicator in Belgium declined to 1 in November of 2021 from 4 in the previous month. It was the lowest reading since April, as household’s expectations deteriorated for the economic situation in Belgium (-7 vs 0 in October), and household savings (15 vs 16). At the same time, expectations improved for unemployment (0 vs -3), while no change took place for households' financial situation (at -3).
2021-11-22
Belgium Consumer Confidence Drops in October
The consumer confidence indicator in Belgium declined to 4 in October of 2021 from 8 in the previous month which was a 20-year high reading. Belgian households’ expectations deteriorated about the economic situation (0 vs 10), financial situation (-3 vs 2), and savings (16 vs 21). However, households still have reason to be optimistic about unemployment (-3 vs 2).
2021-10-21
Belgium Consumer Confidence Returns to 20-Year Peak
The consumer confidence indicator in Belgium rose to 8 in September of 2021 following 5 in the previous month, equaling the 20-year high reading also seen in June and July this year. Belgian households’ concern about unemployment is the lowest in 19 years (2 vs 8 in August), while greater optimism is also seen for the overall economic situation (10 vs 5) and financial situation (2 vs 0). Optimism in savings of households has remained unchanged at 21.
2021-09-21

Belgium Consumer Confidence
In Belgium, the consumer confidence indicator supplies concise information on consumers’ confidence regarding the progress of the economy. The index is based on a monthly telephone survey of more than 1,000 consumers on their outlook for the country's job and economic prospects as well as their own financial situation and ability to save money. The index is the balance of positive and negative replies, with a figure of zero meaning Belgians are evenly split on whether things will improve or worsen for consumers in the next year.