Belgia - BKT: n kasvu

Belgium’s gross domestic product expanded by 0.4 percent on quarter in the three months to September of 2019, following an upwardly revised 0.3 percent growth in the previous period and above market expectations of 0.2 percent, the flash estimate showed. Compared to the same quarter in 2018, the economy advanced 1.6 percent, after an upwardly revised 1.3 percent growth in the second quarter.

Belgium's gross domestic product grew by 0.2 percent on quarter in the three months to June of 2019, unrevised from the preliminary estimate and below the previous period's 0.3 percent expansion. Government spending slowdown (0.2 percent vs 0.9 percent in Q1) while household consumption increased 0.3 percent, the same as in the previous quarter. Meanwhile, gross fixed capital formation rebounded (0.5 percent vs -0.2 percent). Regarding, net foreign trade, exports rose 0.3 percent (from 0.8 percent in Q1) while imports increased at a softer 0.1 percent (from 0.4 percent in Q1). Year-on-year, the GDP rose by 1.2 percent, after a 1.3 percent increase in the first quarter of the year.

Belgium’s gross domestic product expanded by 0.2 percent on quarter in the three months to June of 2019, slightly below a 0.3 percent growth in the previous period, the flash estimate showed. Compared to the same quarter in 2018, the economy advanced 1.2 percent, after an upwardly revised 1.3 percent growth in the first quarter.

Belgium’s economy expanded 0.3 percent on quarter in the first quarter of 2019, following an upwardly revised 0.4 percent growth in the previous period and above the preliminary estimate of 0.2 percent, as gross fixed investment growth slowed (0.4 percent vs 3.4 percent in Q4). Meanwhile, household consumption rebounded (0.3 percent from a flat reading) while government consumption increased faster (0.2 percent vs 0.1 percent). Regarding net foreign demand, exports went up 0.3 percent (from 1.1 percent in Q4) while imports fell 0.1 percent (from 1.8 percent in Q4). Compared to the same quarter of 2018, gross domestic product rose 1.2 percent, the same as in the previous quarter and above the preliminary estimate of 1.1 percent.

Belgium’s gross domestic product expanded by 0.2 percent on quarter in the first three months of 2019, slightly below a 0.4 percent growth in the previous period, the flash estimate showed. Compared to the same quarter in 2018, the economy advanced 1.1 percent, after a 1.2 percent growth in the last quarter of 2018.

Belgium’s gross domestic product advanced 1.2 percent year-on-year in the last quarter of 2018, below a 1.6 percent growth in the previous period, preliminary estimates showed. It was the weakest pace of expansion since the fourth quarter of 2013, mainly due to a fall in government spending (-0.2 percent from 0.1 percent in Q3). In addition, private consumption dropped further (-0.3 percent from -0.2 percent) while total gross fixed capital formation rebounded (2.3 percent from -0.1 percent). Meanwhile, net foreign demand contributed negatively to growth, as exports went up 0.8 percent (from 1.4 percent in Q3) while imports increased at a faster 1.1 percent (the same as in Q3). Considering 2018, the economy grew by 1.4 percent, following a 1.7 percent expansion in 2017.