Belgium - Consumer Confidence

Belgium: Consumer Confidence

Mnemonic CIC.IBEL
Unit Balance of Opinion, SA
Adjustments Seasonally Adjusted
Monthly 1.61 %
Data Jan 2023 -63
Dec 2022 -62

Series Information

Source National Bank of Belgium - Belgostat (BNB)
Release Consumer Confidence Indicators
Frequency Monthly
Start Date 1/31/1985
End Date 1/31/2023

Belgium: Consumer

Reference Last Previous Units Frequency
Consumer Confidence Jan 2023 -63 -62 Balance of Opinion, SA Monthly
Real Retail Sales Dec 2022 119.33 101.69 Vol. Index 2015=100, NSA Monthly
Retail Sales Dec 2022 144.71 122.64 Index 2015=100, NSA Monthly

Release Information

The numbers represent Belgian consumers' outlook for the next 12 months. For unemployment, a positive figure means the perception has deteriorated

The index is based on a monthly telephone survey of more than 1,000 consumers on their outlook for the country's job and economic prospects as well as their own financial situation and ability to save money.

The index is the balance of positive and negative replies, with a figure of zero meaning Belgians are evenly split on whether things will improve or worsen for consumers in the next year.

A similar survey is used by all European Union member countries.

For information on the methodology, please see the source site.

Data may be subject to revisions.