Belgium consumer confidence index falls in September
Sept 20 (Reuters) -Belgium's consumer confidence index fell to -7 points in Septemberfrom -3 points in the previous month, the central bank said on Friday.
September 2024 | August 2024 | July 2024 | |
Belgian economy | -15 | -10 | -16 |
Unemployment | 25 | 18 | 19 |
Household finances | -2 | -1 | -2 |
Ability to save | 15 | 18 | 16 |
Overall index | -7 | -3 | -5 |
(The numbers represent Belgian consumers' outlook for the next 12 months. For unemployment, a positive figure means the perception has deteriorated)
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.
A similar survey is used by all European Union member countries.
Reporting by Anna Peverieri and Dagmarah Mackos
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
