BANQUE NATIONALE DE BELGIQUE 2020-01-21
Links: | NBB.Stat | General information |
Monthly consumer survey - January 2020
Consumer confidence picks up again in January
- The consumer confidence indicator has recovered in January, after last month's decline.
In contrast to the previous month, the macroeconomic outlook has improved in January. The general economic situation for the coming months is thus expected to be brighter, while concern about an increase in unemployment over the next twelve months has subsided.
On the personal front, and for the third month running, households are not expecting any change in their financial situation. However, they are planning to save a lot more in the next few months.
Consumer confidence indicators
Expectations for the next twelve months | Consumer | |||||
Economic situation | Unemployment in | Financial situation | Savings of | confidence | ||
indicator | ||||||
in Belgium | Belgium 1 | of households | households | |||
2019 | January | -13 | 5 | -3 | -3 | -6 |
February | -12 | 6 | -3 | -8 | -7 | |
March | -11 | 9 | -1 | -4 | -6 | |
April | -13 | 12 | -1 | -1 | -7 | |
May | -9 | 7 | -2 | -4 | -5 | |
June | -16 | 8 | -1 | -2 | -7 | |
July | -15 | 8 | -1 | -1 | -6 | |
August | -20 | 13 | -2 | -1 | -9 | |
September | -22 | 18 | -4 | -1 | -11 | |
October | -16 | 12 | -2 | -4 | -8 | |
November | -14 | 7 | -2 | -1 | -6 | |
December | -17 | 11 | -2 | -5 | -8 | |
2020 | January | -15 | 8 | -2 | 2 | -6 |
- Regarding unemployment expectations, a rise indicates a deterioration while a decline indicates an improvement. Source: National Bank of Belgium.
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 2020
CONSUMER CONFIDENCE INDICATOR
15 | ||||||||
long-term | ||||||||
5 | average | |||||||
since 1990 | ||||||||
-5 | ||||||||
-15 | ||||||||
-25 | ||||||||
-35 | ||||||||
2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
Expectations for the next twelve months
General economic situation in Belgium | Unemployment in Belgium¹ |
40 | |||||
20 | |||||
0 | |||||
-20 | |||||
-40 | |||||
-60 | |||||
2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
80 | |||||
60 | |||||
40 | |||||
20 | |||||
0 | |||||
-20 | |||||
2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
Financial situation of households
20 | |||||
10 | |||||
0 | |||||
-10 | |||||
-20 | |||||
2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
Savings of households
20 | |||||
10 | |||||
0 | |||||
-10 | |||||
-20 | |||||
2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
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 |
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National Bank of Belgium published this content on 21 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 January 2020 14:38:00 UTC
