EUR Belgian NBB Business Climate
It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment;
Above 0.0 indicates improving conditions, below indicates worsening conditions. This survey is highly respected due to its source and large sample size. Source changed series calculation formula as of April 2009;
- EUR Belgian NBB Business Climate Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
---|---|---|---|
Jun 24, 2024 | -11.1 | -10.2 | -11.0 |
May 27, 2024 | -11.0 | -10.8 | -11.9 |
Apr 24, 2024 | -11.9 | -9.6 | -10.4 |
Mar 22, 2024 | -10.4 | -12.4 | -12.8 |
Feb 23, 2024 | -12.8 | -16.0 | -16.4 |
Jan 25, 2024 | -16.4 | -11.9 | -12.7 |
Dec 22, 2023 | -12.7 | -14.6 | -15.0 |
Nov 24, 2023 | -15.0 | -15.0 | -16.8 |
-
- EUR Belgian NBB Business Climate News
In business-related services, the upswing in confidence was reflected in all components of the indicator, but especially in clearly more favourable activity expectations, which received a hard knock in May. In the manufacturing industry, substantially worse demand expectations and a more negative assessment of both total order books and stock levels were practically entirely offset by a strong upward revision in employment expectations. In the building industry, confidence dipped slightly for the second month in a row, this time due ...
In manufacturing, all components of the indicator strengthened. Along with a significantly better assessment of total order books, respondents in this sector expressed a much more favourable opinion on both demand and employment expectations. The level of stocks was also assessed slightly more favourably than in April. In trade, this month’s improvement can be attributed to both more positive employment expectations and intentions of placing orders with suppliers. However, demand expectations were revised downwards for the third ...
In the manufacturing industry, the loss of confidence after two months of gains was mainly due to a significantly less encouraging assessment of stock levels and a sharp downward revision of demand expectations. On top of this, employment expectations were also downgraded, but to a much lesser extent. In the business-related services sector, the indicator slipped back for a second consecutive month, with waning confidence mainly due to a clear deterioration in demand expectations which more than completely wiped out the strong uptick ...
For the second month in a row, business confidence grew in the manufacturing industry. Business leaders expressed much more positive demand and employment expectations. They also upgraded their order book assessments but were less positive about inventory levels. With respect to the manufacture of building materials in particular, the business climate is picking up. The indicator also strengthened for the building industry, mainly due to improved demand expectations. Conversely, business sentiment in trade weakened this month, after ...
The clearest improvement in the business climate was seen in the trade sector, which reported a sharp rise in forecasts for orders to be placed with suppliers, in response to growing demand expectations. Employment expectations, on the other hand, waned somewhat. Renewed confidence in the business-related services sector was shored up by gains across all components of the indicator, with appraisals of current activity levels showing the strongest increase. Business leaders in the manufacturing industry also responded more favourably ...
In the business-related services sector, the pessimism of business leaders was reflected in every component of the indicator, particularly with respect to expectations of activity levels which had risen sharply the month before. In the manufacturing industry, the erosion of confidence was the result of worsening expectations in terms of demand and, to a lesser extent, employment. Order book assessments were also revised downwards, while stock levels were appraised more favourably, closer to normal levels. Business leaders were also ...
The improvement is most noticeable in business-related services. In this sector, the strengthening of business sentiment is attributable to a significant upward revision of the outlook for both firms’ own activity and general market demand. On the other hand, the assessment of the current level of activity is slightly less favourable. All components of the gross synthetic indicator are improving in the building industry, reflecting a better business climate in many respects. This is also the case in the manufacturing industry, with ...
In the business-related services sector, all underlying components strengthened considerably, particularly the assessment of current activity. The indicator is thus back above the level seen in September, more than eclipsing the October downswing. Business leaders in the trade sector are also more optimistic than last month, with their employment and, notably, their demand expectations both having risen. However, they expect to reduce their orders with suppliers. Employment expectations also picked up in the manufacturing industry. ...
Released on Jun 24, 2024 |
---|
Released on May 27, 2024 |
---|
Released on Apr 24, 2024 |
---|
Released on Mar 22, 2024 |
---|
Released on Feb 23, 2024 |
---|
Released on Jan 25, 2024 |
---|
Released on Dec 22, 2023 |
---|
Released on Nov 24, 2023 |
---|
- Details