Belgium's economy recorded modest growth in the first quarter after staying broadly stagnant in the previous two quarters, preliminary data released by the National Bank of Belgium showed Friday.
Gross domestic product (GDP) edged up a seasonally adjusted 0.1 percent sequentially in the first quarter, after dropping by 0.1 percent in the fourth quarter. In the third quarter, the economy registered neither growth nor contraction.
The GDP decreased a calendar-adjusted 0.5 percent on an annual basis in the first quarter, after recording a similar fall in the fourth quarter. In the year 2012, economic activity had fallen by 0.3 percent, data showed.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.