Belgium: Industrial production falls in January
Latest reading: Industrial production was down 3.2% in seasonally adjusted month-on-month terms in January, following 3.6% growth in the prior month. January’s reading was the weakest since December 2024.
Relative to the previous month’s data, readings in January worsened for manufacturing (-2.9% on a seasonally adjusted month-on-month basis vs +4.5% in December), electricity, gas, steam and air conditioning supply (-5.8% vs -2.3% in December) and mining and quarrying (+4.2% vs +9.7% in December).
In calendar-adjusted year-on-year terms, industrial production increased 4.0% in January, following 11.2% growth in the prior month.