Belgian Consumer Confidence Improves To 1-Year High

(RTTNews) - Belgian consumer confidence rose to the highest level in a year amid reduced fears of a rise in unemployment, the National Bank of Belgium said on Thursday.

The consumer sentiment index rose to -2.0 in August from -4.0 in the previous month.

Consumer expectations for the general economic situation remained unchanged, while concerns over a rise in unemployment fell to their lowest level since February 2022, the survey said.

The index measuring the financial situation of households rose to -1 from -2. Similarly, the index for savings among households increased to 21 from 19.