Belgium: Economic sentiment records worst reading since January in September
Latest reading: Economic sentiment fell to 90.8 in September, down from August’s 93.2. September’s result marked the weakest sentiment since January. Consequently, the index remained below the long-term average of 100, pointing to a muted near-term outlook for the economy.
The headline print reflected worse sentiment in the industrial sector and weaker confidence among consumers and service providers. Meanwhile, sentiment in the construction and retail sectors improved.
Relating to indicators that are not used to calculate the index, employment expectations improved, while the economic uncertainty index decreased in September.