Belgium: Economic sentiment falls in April
Economic sentiment came in at 92.7 in April, down from March’s 95.0. As a result, the index remained below the long-term average of 100, pointing to a muted near-term outlook for the economy.
The headline print reflected weaker sentiment in the industrial and retail sectors. Meanwhile, confidence in the services and construction sectors was healthier in April. Finally, consumer confidence was up in April.
Considering indicators that are not used to calculate the index, employment expectations were healthier, while the economic uncertainty index rose in April.