2018-01-19
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General information
January 2018 consumer survey
Consumer confidence back up again in January
After two consecutive declines, the consumer confidence indicator climbed back up in January to last October's high level.
The sharp rise in confidence among consumers is attributable to their much more favourable macroeconomic expectations. General economic prospects were given a much better appraisal and concern about an increase in unemployment dropped dramatically, after last month's gloomy assessment.
Households' outlook with regard to their financial situation was unchanged once again. However, they are planning considerably less savings.
Consumer confidence indicators
Expectations for the next twelve months
Consumer
confidence | ||||||
Economic situation | Unemployment in | Financial situation | Savings of | |||
indicator | ||||||
in Belgium | Belgium 1 | of households | households | |||
2017 | January | 3 | 4 | -1 | 2 | 0 |
February | -2 | 10 | 0 | 3 | -2 | |
March | 0 | 6 | 2 | 4 | 0 | |
April | 3 | 4 | 1 | 0 | 0 | |
May | 3 | 6 | -1 | 4 | 0 | |
June | 4 | 8 | -1 | -2 | -2 | |
July | 4 | 3 | 1 | 5 | 2 | |
August | 6 | 0 | -1 | 4 | 2 | |
September | 6 | -2 | 0 | 3 | 3 | |
October | 9 | -4 | 1 | 3 | 4 | |
November | 6 | -5 | 0 | 2 | 3 | |
December | 5 | 0 | 0 | 3 | 2 | |
2018 | January | 11 | -6 | 0 | -2 | 4 |
Source: National Bank of Belgium.
1
Regarding unemployment expectations, a rise indicates a deterioration while a decline indicates an improvement.
Communication | boulevard de Berlaimont 14 | phone + 32 2 221 46 28 | Company's number: 0203.201.340 |
National Bank of Belgium Ltd. | BE-1000 BRUSSELS | www.nbb.be | RLP Brussels |
JANUARY 2018
CONSUMER CONFIDENCE INDICATOR
15
-15
-25
-35
-5
5
long-ter averag since 19 | m e 90 |
2010
2011
2012
2013
Expectations for the next twelve months
General economic situation in Belgium
2014
2015
2016
2017
Unemployment in Belgium¹
2018
Financial situation of households
Savings of households
¹ Regarding unemployment expectations, a rise indicates a deterioration while a decline indicates an improvement.
Communication | boulevard de Berlaimont 14 | phone + 32 2 221 46 28 | Company's number: |
National Bank of Belgium Ltd. | BE-1000 BRUSSELS | www.nbb.be | 0203.201.340 - RLP Brussels |
National Bank of Belgium published this content on 19 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 19 January 2018 14:14:07 UTC.
Original documenthttp://www.nbb.be/doc/dq/e/dq3/histo/pee1801.pdf
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