Plus   Neg

Belgium Consumer Confidence Weakens For Fourth Month

Belgium's consumer confidence weakened for a fourth consecutive month in February, driven by a sharp deterioration in households' savings expectations, survey data from the National Bank of Belgium showed on Wednesday.

The consumer confidence index dropped to -7 from -6 in January. The measure has been falling since November.

The measure reflecting households' expectations on savings in the next 12 months tumbled to -8 from -3.

Households' view regarding the unemployment situation in the coming year also worsened and the index rose to 6 from 5.

Consumers were slightly less pessimistic regarding the future economic situation in the country with the relevant index rising to -12 from -13.

The index showing the expectations on their future financial situation was unchanged at -3.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT