- Analytics
- News and Tools
- Market News
- NBB business climate rises to -3.9 in June, the highest level since July 2011
NBB business climate rises to -3.9 in June, the highest level since July 2011
The National Bank of Belgium (NBB) released its business survey on Wednesday. The business climate rose to -3.9 in June from -4.9 in May, beating forecasts for a decline to -5.1. It was the highest level since July 2011.
The gain was driven by increases in business-related services and in the manufacturing and building industries.
The business climate index for the manufacturing sector rose to -5.0 in June from -6.4 in May due to upward revision of demand forecasts.
The business climate index for the services sector was up to 13.1 in June from 9.4 in May due to more optimistic outlook about future developments and due to general market demand.
The business climate index for the building sector increased to -12.4 in June from -13.9 in May due to more favourable assessments of total order books.
The business climate index for the trade sector dropped to -13.8 in June from -1.8 in May due to downward revision of forecasts for orders and for employment.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
