Belgium’s Economic Indicators for 2023-07-28

1. Real GDP (Gross Domestic Product):

  • Q2 2023: 2.7% (compared to the previous quarter)
  • Q2 2023: 5.5% (compared to the corresponding quarter of the previous year)

2. Final Consumption:

  • Private Consumption:
    • Q2 2023: 3.5% (compared to the previous quarter)
    • Q2 2023: 9.2% (compared to the corresponding quarter of the previous year)
  • Public Consumption:
    • Q2 2023: 1.1% (compared to the previous quarter)
    • Q2 2023: 5.5% (compared to the corresponding quarter of the previous year)

3. Gross Fixed Capital Formation:

  • Business:
    • Q2 2023: 1.4% (compared to the previous quarter)
    • Q2 2023: 3.0% (compared to the corresponding quarter of the previous year)
  • Housing:
    • Q2 2023: -0.9% (compared to the previous quarter)
    • Q2 2023: 5.4% (compared to the corresponding quarter of the previous year)
  • Public:
    • Q2 2023: 1.1% (compared to the previous quarter)
    • Q2 2023: 9.2% (compared to the corresponding quarter of the previous year)

4. Exports and Imports:

  • Exports of Goods and Services:
    • Q2 2023: 5.8% (compared to the previous quarter)
    • Q2 2023: 2.9% (compared to the corresponding quarter of the previous year)
  • Imports of Goods and Services:
    • Q2 2023: 5.8% (compared to the previous quarter)
    • Q2 2023: 2.0% (compared to the corresponding quarter of the previous year)

5. Labour Costs in the Private Sector:

  • Labour Costs per Hour Worked:
    • Q2 2023: 1.6% (compared to the previous year)

6. Harmonized Unemployment Rate:

  • Q2 2023: 5.2% (compared to the corresponding quarter of the previous year)

7. Consumer Prices (HICP):

  • Total HICP (Harmonized Index of Consumer Prices):
    • Q2 2023: 2.1% (compared to the corresponding quarter of the previous year)
  • HICP Excluding Food and Energy:
    • Q2 2023: 1.9% (compared to the corresponding quarter of the previous year)

8. Consumer Confidence:

  • Consumer Confidence Index:
    • July 2023: 4.2

Please note that these figures are based on economic indicators available as of July 28, 2023, and are subject to revisions and updates as more data becomes available.

http://www.nbb.be/doc/dq/e/dq3/histo/iee2330.pdf


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