Belgian Consumer Sentiment Rises as Unemployment Concern Eases

Belgian consumer confidence improved in September as concern about an increase in unemployment subsided and the outlook for the economic situation remained stable.

The consumer sentiment index for Belgium, the euro area’s sixth-largest economy, increased to minus 14 from minus 16 a month earlier, the Brussels-based National Bank of Belgium said today in an e-mailed statement.

A sub-index gauging households’ assessment of the economy in the coming year held at minus 11, and a gauge measuring concerns about rising unemployment dropped to 40 from 46 in August. A sub-index gauging households’ capacity to save in the next 12 months rose to minus 1 from minus 3.

To contact the reporter on this story: Patrick Henry in Brussels at phenry8@bloomberg.net

To contact the editor responsible for this story: Matthew Brockett at mbrockett1@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.