2018-01-19

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NBB.Stat

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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