Belgium - Industrial Production

Belgium: Industrial Production

Mnemonic IP.IBEL
Unit Index 2010=100, SA
Adjustments Seasonally Adjusted
Monthly 3.49 %
Data Dec 2017 110.7
Nov 2017 114.7

Series Information

Source National Bank of Belgium - Belgostat (BNB)
Release Industrial Production
Frequency Monthly
Start Date 1/31/2000
End Date 12/31/2017

Belgium: Business

Reference Last Previous Units Frequency
Business Confidence Mar 2023 -7.6 -12.8 Balance of Opinion, SA Monthly
Change in Inventories 2022 Q4 2,124 7,967 Mil. EUR, CDASA Quarterly
Industrial Production Dec 2017 110.7 114.7 Index 2010=100, SA Monthly
Real Change in Inventories 1970 1,693,134,800 NCU Annual

Release Information

For Belgium, data are monthly and cover industrial production by industry, with MIG and special aggregates.

Purpose and description

PRODCOM is a monthly survey on industrial production. Through the collaboration of states in the European Community, the statistical office of the European Communities has taken an initiative to improve the comparability of data in the field of industrial production. In all member states data is collected using the same list of products, distributed according subdivisions in the same sectors, etc.. This initiative has been termed "PRODCOM": "European Community products."

Study population

The survey covers the activities of Sections B and C of the classification of economic activities in the European Community NACE Rev. 2, with the exception of sections 5, 6 and 19.

This is a schematic of two groups

  1. All companies or all industrial establishments employing 20 or more according to their quarterly returns to the NSSO of the previous year, or whose turnover last year amounted to at least 3,500,000 euros.
  2. All companies or all the newly created industrial establishments employing 20 persons or more according to their quarterly returns to the NSSO for the current year, or whose combined turnover of the current year has amounted to 3,500,000 euros minimum.

Data collection method and sample size

This is a mandatory survey. The legal framework was set in the EU Regulation 3924/91, in the Royal Decree of 28 January 1994, Belgian Official Gazette of 15 February 1994 and the Royal Decree of 20 February 2008, published in the Moniteur Belge of 10 March 2008. The language of the form (Parts 1 and 2) is determined by the location of the place of business, as provided by the Royal Decree of 18 July 1966, published in the Belgian Official Gazette of 2 August 1966 on the coordination of laws on the use of languages ​​in administrative matters.

A form must be completed separately for each local unit. The local unit is an enterprise or part of a company (e.g. a production workshop, factory, retail outlet, office, mine or depot) situated in a geographically defined. In this place, or from that place economic activity is carried out for which, without exception, one or more persons work (even if part time) on behalf of the same company.