Real gross domestic product (GDP), adjusted for seasonal and calendar effects, was up 0.2% in the second quarter of 2024 from the previous quarter.

The business barometer has displayed minor fluctuations in recent months, with a slight dip in sentiment this month. General conditions to access bank credit eased for the third quarter in a row.

Consumers were more optimistic about the economic situation in Belgium. Households expect to see a modest improvement in their financial situation and intend to save more.

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. 

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.

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.