Belgium consumer confidence index falls in November
Nov 21 (Reuters) -Belgium's consumer confidence index fellin November, the central bank said on Thursday. The index decreasedto -8 points in November from -5 in the previous month.
November 2024 | October 2024 | September 2024 | |
Belgian economy | -24 | -15 | -15 |
Unemployment | 25 | 22 | 25 |
Household finances | -1 | 2 | -2 |
Ability to save | 19 | 17 | 15 |
Overall index | -8 | -5 | -7 |
(The numbers represent Belgian consumers' outlook for the next 12 months. For unemployment, a positive figure means the perception has deteriorated)
The index is based on a monthly telephone survey of more than 1,000 consumers on their outlook for the country's job and economic prospects as well as their own financial situation and ability to save money.
The index is the balance of positive and negative replies, with a figure of zero meaning Belgians are evenly split on
whether things will improve or worsen for consumers in the next year.
A similar survey is used by all European Union member countries.
Reporting by Dimitri Rhodes, Alban Kacher and Michal Aleksandrowicz in Gdansk
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