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Imports fell by more than exports, particularly chemicals, pharmaceuticals and mineral products. The balance of trade in transport equipment also improved, owing to the sale of several ships. 

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Gross domestic product (GDP) climbed by 0.2% quarter-on-quarter. The year-on-year growth rate was 1.1 %. Value added fell in the manufacturing industry, while the building industry and services sector recorded growth.

man scanning products in warehouse - 156865769

During the first quarter of 2024, shares issued by Belgian funds markedly increased in value, reaching €244.7 billion. Belgian households invested relatively more in shares issued by domestic funds (76% of purchases) than by foreign funds.

Organismes de placement collectifs

After several months of near stability, the business confidence indicator dropped to a level close to that recorded in February. Confidence in the business climate worsened in the manufacturing industry and in business-related services, while the building industry grew slightly more optimistic.

La confiance des chefs d'entreprise s'est affaiblie en juillet

Fears of a rise in unemployment over the next twelve months have sharply intensified. Households are less optimistic about their savings intentions over the coming twelve months.

spotlight
  • Inputs in distress: Geoeconomic fragmentation and firms’ sourcing

  • Press release - Consumer confidence indicator (2024-08)

  • Press release - Business confidence indicator (2024-08)

  • Press release - NAI - Quarterly aggregates (2024-II)

  • Press release - Foreign Trade Statistics (F-N) (2024-06)

  • Foreign Trade Statistics - Monthly Bulletin (F-N) (2024-06)

  • Press release - Consumer confidence indicator (2024-09)

  • Press release - Business confidence indicator (2024-09)

  • Press release - Net international investment position and balance of payments financial account (2024-II)

  • Press release - Financial accounts of Belgium (2024-II)

In the picture