FOREX TradingCharts.com

Financial News: Belgium Consumer Confidence Rebound Strongly To 7-month Hi

Belgium Consumer Confidence Rebound Strongly To 7-month High

09/21/2020 - 05:42:00 (RTTNews)

(RTTNews) - Belgium's consumer confidence rebounded strongly in September to its highest level in seven months amid improvement in all its components, survey data from the National Bank of Belgium showed on Monday.

The consumer confidence index rose to -16 from -26 in August. The latest reading is the strongest since March roughly at the start of the coronavirus, or Covid-19, outbreak in Europe.

The index weakened in each of the previous two months.

Belgians were more optimistic regarding the general economic outlook for the next twelve months. The economic expectations index of the survey shot up to -20 from -38 in the previous month.

The measure reflecting the financial expectations of households turned positive to 2 from -1 in August. The index showing their saving intentions rose to 17, which was the highest in at least the past 12 months.

For the first time since the Covid-19 crisis, households gave a less unfavorable opinion on the outlook for unemployment. The corresponding indicator fell to 62 from 77. A decline in the index suggests improvement in the assessment of the unemployment outlook.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. New Home Sales Unexpectedly Tumble 3.5% In September (01 hr(s), 46 min(s), 20 sec(s) ago)
(RTTNews) - New home sales in the U.S. unexpectedly showed a sharp decrease in the month of Septem ...Full Story»

German Economy To Recover At Slower Pace (03 hr(s), 39 min(s), 20 sec(s) ago)
(RTTNews) - The German economic recovery is likely to continue in the current quarter, albeit at a ...Full Story»

German Ifo Business Morale Weakens For First Time In 6 Months (04 hr(s), 17 min(s), 20 sec(s) ago)
(RTTNews) - German business sentiment weakened in October as leaders were more worried about comin ...Full Story»

Czech Economic Confidence Falls In October (04 hr(s), 47 min(s), 20 sec(s) ago)
(RTTNews) - The Czech Republic's economic confidence decreased in October, survey results from ...Full Story»

Turkey Capacity Utilization Rises In October (04 hr(s), 51 min(s), 20 sec(s) ago)
(RTTNews) - Turkey's manufacturing capacity utilization rate increased in October, figures fro ...Full Story»

Denmark Retail Sales Fall For Third Month In September (05 hr(s), 10 min(s), 20 sec(s) ago)
(RTTNews) - Denmark retail sales fell for the third straight month in September, figures from the ...Full Story»

Amended: German Ifo Business Confidence Weakens In October (06 hr(s), 15 min(s), 20 sec(s) ago)
(RTTNews) - Corrected third and fourth paragraphs German business sentiment weakened in Octo ...Full Story»

German Ifo Business Confidence Weakens In October (06 hr(s), 43 min(s), 20 sec(s) ago)
(RTTNews) - German business sentiment weakened in October, reports said citing survey data from if ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. New Home Sales Unexpectedly Tumble 3.5% In September

10/26/2020 - 10:29 AM (RTTNews)
(RTTNews) - New home sales in the U.S. unexpectedly showed a sharp decrease in the month of Septem ...Full Story>>

German Economy To Recover At Slower Pace

10/26/2020 - 08:36 AM (RTTNews)
(RTTNews) - The German economic recovery is likely to continue in the current quarter, albeit at a ...Full Story>>

German Ifo Business Morale Weakens For First Time In 6 Months

10/26/2020 - 07:58 AM (RTTNews)
(RTTNews) - German business sentiment weakened in October as leaders were more worried about comin ...Full Story>>

Czech Economic Confidence Falls In October

10/26/2020 - 07:28 AM (RTTNews)
(RTTNews) - The Czech Republic's economic confidence decreased in October, survey results from ...Full Story>>

Turkey Capacity Utilization Rises In October

10/26/2020 - 07:24 AM (RTTNews)
(RTTNews) - Turkey's manufacturing capacity utilization rate increased in October, figures fro ...Full Story>>

Do not sell my personal information

Copyright © 2020. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.