The renewed optimism in the trade sector fed through to all the components making up the indicator. As for the building industry, equipment has been used more intensively, order books have been filling up and their level has been assessed more positively. The only component that was down in April was the outlook for demand. The decline observed in business-related services can be largely explained by a sharp downward revision of the forecast trend in activity.
Belgian NBB Business Climate up to -0.8
The National Bank of Belgium’s business barometer has recovered a little in April, after two consecutive months of slight decline. The business climate has firmed up in the manufacturing industry, in trade and in the building industry. By contrast, the economic situation has deteriorated in business-related services, for the second month in a row. The improvement in the manufacturing industry was entirely supported by a much more favourable appraisal of stock levels.
- Popular
-
UK still likely to leave the EU with a negotiated agreement, says Number 10
A successful deal with the European Union remains the “most… -
Sentix Investors Confidence rose to 14.7 in August
The summer heat in Europe is also causing economic temperatures… -
German factory orders -4.0% seasonally adjusted on the previous month
Based on provisional data, the Federal Statistical Office (Destatis) reports… -
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
China's exports are expected to have maintained solid growth in…
Tags
aud/usd2605
boe106
brexit96
china122
cpi147
daily fundamental2278
daily technical2199
ecb113
eur/usd1497
eurozone88
EurUsd1227
forex8896
gbp/usd1447
GbpUsd1111
gdp95
industrial production106
inflation73
interest rates219
ppi93
rba91
resistance71
retail sales125
support71
trade balance108
uk188
unemployment claims160
unemployment rate122
usd1004
weekly fundamental565
weekly technical419