Belgian Economy Grew in 4Q at a Slower Pace
By Maria Martinez
The Belgian economy grew in the fourth quarter despite a rise in
coronavirus cases, the National Bank of Belgium said Friday.
The country's gross domestic product grew 0.5% compared with the
previous quarter, the central bank said.
It also revised data for the third quarter of 2021. Following
the revision, the data showed that Belgium's GDP grew 2.0% compared
with a first estimate of 1.8% growth.
An initial estimate shows that, in comparison to the previous
quarter, value added in the fourth quarter rose 3.3% in industry
and 0.3% in the services sector, while it was down 0.6% in the
construction industry, the report said.
Compared with the fourth quarter of 2020, the economy grew 5.6%,
the National Bank of Belgium said.
Over 2021 as a whole, GDP rose 6.1%, the National Bank of
Write to Maria Martinez at email@example.com
(END) Dow Jones Newswires
January 28, 2022 05:15 ET (10:15 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.