Belgium Consumer Confidence Deteriorates In August

Belgium Consumer Confidence Deteriorates In August

Belgium’s consumer confidence deteriorated in August, extending the weakness witnessed over the past three months, survey data from the National Bank of Belgium showed Tuesday.

The consumer confidence index dropped to -3 from 0. In June, the reading was -3.

The decline in confidence is largely attributable to less optimistic expectations about trends in the economic situation and unemployment, the bank said.

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