Bloomberg News

Belgian Consumer Confidence Holds Steady as Job Concerns Mount

June 18, 2012

Belgian consumer confidence stabilized in June as households became more positive about the economic outlook and their future financial situation amid deteriorating employment prospects.

The consumer sentiment index for Belgium, the sixth-largest economy in the 17-nation euro currency union, was at minus 10 in June, unchanged from a month earlier, the Brussels-based National Bank of Belgium said today in an e-mailed statement.

A sub-index gauging households’ assessment of the economy in the coming year rose to minus 5, the highest value in a year, from minus 9 in May. A gauge measuring concerns about rising unemployment climbed to 35 from 31, for the biggest increase since February.

To contact the reporter on this story: John Martens in Brussels at jmartens1@bloomberg.net

To contact the editor responsible for this story: Jerrold Colten at jcolten@bloomberg.net


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