Belgian September Consumer Confidence Holds at 12-Month High
Belgian consumer sentiment held at the highest in 12 months in September as “slightly gloomier” sentiment on the economic outlook offset greater optimism about household savings, the central bank said.
The consumer sentiment index for Belgium, the sixth-largest economy in the euro region, was unchanged at minus 11, the same as in August and the highest since September 2008, the Brussels- based National Bank of Belgium said today in an e-mailed statement. The gauge advanced in the five previous months payday loan lenders.
The economy of the euro-region economy barely contracted in the second quarter as Germany and France unexpectedly returned to growth, suggesting the deepest recession since World War II is bottoming out.
Consumers in Belgium were less optimistic about the economic situation in the next 12 months, as this gauge fell to 6 from 7 in August.