Belgian Economy Gains Pre-Pandemic Levels
October 28 2021 - 5:29AM
Dow Jones News
By Maria Martinez
The Belgian economy grew in the third quarter thanks to the
easing of coronavirus restrictions, and exceeded its pre-crisis
levels of economic activity, the National Bank of Belgium said
Thursday.
The country's gross domestic product grew 1.8% compared with the
previous quarter, the central bank said.
According to a first estimate, value added was up on the
previous quarter by 2.3% in services, while value added was 0.1 %
below the previous quarter in industry and down 0.5 % in
construction, the report said.
The agency also revised data for the second quarter of 2021.
Following the revision, the data showed that Belgium's GDP grew
1.7% compared with a first estimate of 1.4% growth.
Compared with the third quarter of 2020, the economy grew 4.7%,
the National Bank of Belgium said.
Write to Maria Martinez at maria.martinez@wsj.com
(END) Dow Jones Newswires
October 28, 2021 05:14 ET (09:14 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.