The business confidence barometer in Belgium fell to -1.8 in June of 2022 from 1.8 in the prior month, the lowest reading since February of 2021. Sentiment deteriorated in the manufacturing industry (-3 vs 1 in May) amid lower demand expectations and business-related services (8.5 vs 12.4) due to a decline in assessment of activity. Confidence also fell for trade (-10.7 vs -7.9) and the building industry (-4.1 vs -2). source: National Bank of Belgium
Business Confidence in Belgium averaged -6.87 points from 1980 until 2022, reaching an all time high of 10.10 points in July of 2021 and a record low of -36.10 points in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Business Confidence in Belgium is expected to be 1.10 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Business Confidence is projected to trend around 3.40 points in 2023, according to our econometric models.