Forex News

Belgium Consumer Confidence Index Falls Fourth Month in a Row

According to a survey of the National Bank of Belgium published on Wednesday, consumer confidence in Belgium weakened for the fourth consecutive month in February, which was caused by a sharp deterioration in household expectations for savings.
Consumer Confidence fell to -7 from -6 in January. The decline has been observed since November.
An indicator reflecting household expectations for savings over the next twelve months, declined from -3 to -8.
Household opinion on the unemployment situation also deteriorated next year, and the index rose from 5 to 6.
Consumers were a little less pessimistic about the future economic situation in the country, and the corresponding index rose from -13 to -12.
The index, reflecting expectations regarding their future financial position, has not changed and amounted to -3.