The business confidence barometer in Belgium fell for the second consecutive month to 4 in September of 2021 from 7.6 in the previous month. Sentiment deteriorated the most in business related services (8 vs 16.4 in August) due to entrepreneur’s less optimistic view of both current and future activities. Also, manufacturing industry (3 vs 7.2) showed a weaker morale as company bosses showed more moderated employment outlook, reserved demand forecasts; and assessed lesser order books and stock levels. In contrast, the business confidence improved slightly in building industry (4.5 vs 3.7) due to increase in new orders; and recovered in trade sector (2.2 vs -1.1) on better demand forecasts. source: National Bank of Belgium
Business Confidence in Belgium averaged -7.03 points from 1980 until 2021, 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 October of 2021.
Business Confidence in Belgium is expected to be 7.10 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 4.80 points in 2022 and 3.40 points in 2023, according to our econometric models.