Belgium Business Confidence Improves in November
By Maria Martinez
Business sentiment in Belgium picked up in November, data from
the National Bank of Belgium showed Thursday.
Business confidence rose to 4.2 in November from 4.0 in
The building industry is the only sector where business
confidence has improved in November, rising to 2.3 from 1.1 in
October. All components making up the indicator have contributed to
the rise, with the exception of the one concerning trends in
Conversely, confidence has dipped in the services sector,
falling to 15.3 from 16.4 the previous month. Company bosses are
taking a more negative view of their current level of business
activity. On the other hand, they appear more optimistic about
future prospects for their own activity, the report said.
In the manufacturing industry, all the indicator's components
have remained stable. The indicator rose slightly to 2.5 in
November from 2.3 the previous month.
In the trade sector, the indicator rose to minus 2.4 in November
from minus 2.0 in October. Demand forecasts have contracted
sharply, while those for orders placed with suppliers have
improved, the bank said.
Write to Maria Martinez at email@example.com
(END) Dow Jones Newswires
November 25, 2021 09:14 ET (14:14 GMT)
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