empty
 
 

2020.07.2014:44:00UTC+00Belgium Consumer Confidence Weakens Slightly

Belgium's consumer confidence weakened slightly in July after recovering strongly in the previous month, survey data from the National Bank of Belgium showed on Monday.

The consumer confidence index dropped to -20 from -19 in June. In May, the reading was -23.

The indicator is still very low, at a level 16 points lower than it was before the health crisis, the survey found.

The vulnerability of households is growing as they dip more and more into their savings to cover their everyday expenditure, the bank said.

Consumers turned more pessimistic regarding the future general economic situation and remained extremely worried about the labor market outlook.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback