Belgium industrial production picks up in JuneStaff Writer | August 28, 2017
A month-on-month comparison shows that industrial production rose a seasonally-adjusted 1.1% in June, contrasting May’s revised 0.4% rise (previously reported: -1.7%) and the fastest monthly expansion in four months.
Europe FocusEconomics Consensus Forecast
Industrial production rose 2.1% in June on a year-on-year basis, down from May’s revised 7.5% rise (previously reported: +5.0% yoy). Annual average growth in industrial production decreased from 3.7% in May to 3.4% in June.
FocusEconomics Consensus Forecast panelists expect industrial output to expand 2.3% in 2017, which is down 0.1 percentage points from last month’s forecast.
For 2018, the panel sees industrial production growth rising slightly to 2.6%. ■