Belgium: Consumer sentiment continues rising in December, business sentiment bounces back
Expectations on the future of the economy became significantly less negative and unemployment concerns eased at a faster pace.
Moreover, households’ expectations on future savings improved markedly, while they became more optimistic regarding their future financial situation.
On a different note, NBB’s business confidence indicator came in at minus 8.4 in December, up from minus 12.1 in November.
The uptick was driven by easing pessimism in business-related services and manufacturing.
In addition, the trade sector grew less pessimistic, albeit remaining significantly downbeat. ■