Belgian business confidence went down to -1.1 in February of 2017 from 0.5 in the previous month, missing market expectations of 0.8. It was the first fall in business confidence since August of 2016, as confidence among manufacturers deteriorated sharply (-4.1 compared to -1.4 in January). By contrast, the morale improved slightly among traders (-6.1 from -7.1 in January), constructors (-1.7 from -2.2) and business-related service providers (14.1 from 14). Business Confidence in Belgium averaged -7.46 from 1980 until 2017, reaching an all time high of 9.20 in March of 2000 and a record low of -31.80 in March of 2009.
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In Belgium, the business confidence survey measures the level of optimism that people who run companies have about the current economic situation and how they feel about their organizations’ prospects in the next three months. Every month, a panel of around 6000 business leaders is contacted. 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 – actual data, historical chart and calendar of releases – was last updated on February of 2017.