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2023-05.pdf

pec2305.pdf
Preview of 2023-05
🔗 Source: nbb.be
📊 Size: 474 KB
📄 Pages: 7 pages
⬇️ Downloads: 55

Summary

Business confidence in Belgium wavered in May, with a decline in all sectors except trade, where confidence rose for the third consecutive month, particularly in motor vehicles and textiles. The manufacturing industry's confidence deteriorated due to pessimistic demand and employment expectations, while business-related services' sentiment fell due to weakened activity and market demand expectations. The building industry's confidence declined due to a decrease in orders, but demand expectations improved slightly. Despite this, the overall smoothed synthetic curve continues to point upwards, indicating a positive underlying economic trend.

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Description

Business confidence in Belgium wavered in May, with a decline in all sectors except trade, where confidence rose for the third consecutive month, particularly...

Technical Information

  • File Format: PDF
  • File Size: 474 KB
  • Pages: 7
  • Language: EN
  • Total Downloads: 55
  • Last Updated: 1 week ago

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