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Financial News: Belgium GDP Growth Slows In Q1

Belgium GDP Growth Slows In Q1

04/29/2019 - 09:29:00 (RTTNews)

(RTTNews) - Belgium's economic growth slowed in the three months to March, preliminary data from the National Bank of Belgium showed on Monday.

Gross domestic product grew 0.2 percent quarterly after a 0.4 percent expansion in the final three months of 2018. Growth was 0.3 percent in the third quarter. On a year-on-year basis, GDP increased 1.1 percent in the first quarter following 1.2 percent growth in the fourth quarter of last year.

The pace of annual growth slowed for a second straight quarter. In 2018, full year growth was 1.4 percent.

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