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Belgium Consumer Confidence Improves In December

Belgium's consumer confidence improved in December after deteriorating in the previous two months, as pessimism regarding the economic situation and fears of a rise in unemployment eased, survey figures from the National Bank of Belgium showed Thursday.

The consumer confidence index rose to -12 from -14 in November. The latest score equaled October's reading.

The index reflecting households' view on the economic situation of the country climbed to -10 from -15. It was the first increase in six months. The measure mirroring their assessment of own financial situation also increased, rising to -5 from -6.

Pessimism regarding saving prospects lessened sharply with the index rising to -5 from -8. The index reflecting the view on unemployment fell to 26 from 27, indicating an easing in the fears of further rise in joblessness.

by RTTNews Staff Writer

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