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Appraisal of the economic situation in Belgium (for the last 12 months) from November 2017 to November 2018

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Economic situation appraisal in Belgium 2017-2018 The statistic displayed above shows the appraisal of the economic situation in Belgium for the last 12 months from November 2017 to November 2018. In November 2018, the balance was -7.
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Appraisal economic situation
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Appraisal economic situation
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Description Source More information
The statistic displayed above shows the appraisal of the economic situation in Belgium for the last 12 months from November 2017 to November 2018. In November 2018, the balance was -7.
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Release date
November 2018
Region
Belgium
Survey time period
November 2017 to November 2018
Number of respondents
1,850 respondents
Method of interview
Telephone interview
Supplementary notes
Every month a completely different representative sample of 1,850 people is questioned about the macroeconomic situation in Belgium and their own financial position and consumer behavior. The sample is representative for the geographic, social and demographic differences in Belgium and they are asked to answer a qualitative questionnaire with their own assessment or expectation. The questionnaire is built around different topics; the Belgian economic situation, personal financial situation and personal attitude towards savings and consumer behavior.
Macroeconomic questions on unemployment and the Belgian economy, and personal questions about the financial position of the household and the savings of the household are used to calculate the consumer confidence indicator. The source explains: "For each question, calculations are performed to find the percentage of all participating consumers reporting an improvement (positive responses), the percentage reporting a deterioration (negative responses) and the percentage stating that there has been no change. In calculating these three percentages, responses are unweighted and the difference between the 'positive' and 'negative' percentages constitutes the balance (the response) for the question. For example, if the number of positive responses equals the number of negative responses the balance for the question is zero; conversely, a balance of +10 means that positive responses outnumbered negative responses by 10 percentage points."

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