Country Economic Forecasts > Belgium - Oxford Economics Services

Country Economic Forecasts > Belgium

Country Economic Forecasts > Belgium - Oxford Economics Services
Country Economic Forecasts > Belgium
Published Oct 19, 2016
10 pages — Published Oct 19, 2016
Price US$ 185.00  |  Buy this Report Now

About This Report

  
Abstract:

The Belgian constitutional court has approved the governments plan to once again postpone a round of index-linked wage increases. This will lengthen until 2017 the period of wage moderation that started last year and further weigh on consumers real disposable incomes this year. Nevertheless, household consumption will be supported by an improving labour market and there are encouraging signs too on investment, with bank lending to firms at its highest since 2009. Moreover, wage restraint together with the tax shift policy that reduces labour costs will help restore some of the competitiveness lost over recent years seen as an important constraint on medium-term growth though there is more to be done. We continue to forecast GDP growth at 1.5% this year rising to 1.6% in 2017, close to the Eurozone average.

  
Source:
Document ID
346652
Country
Format:
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Sections

Title
Belgium:
The following represents a general Table of Contents outline for the Country Economic
Forecast. The actual report may cover any or all of the topics listed below.
- Highlights and Key Issues - four/five paragraphs of analysis covering the
main economic and political issues contained in the subsequent Economic Overview
- Forecast Table showing % changes for the country - with 2 years of historical
data and 4 years of forecast data for the following:
- Domestic demand
- Private consumption
- Fixed investment
- Stockbuilding (% of GDP)
- Government consumption
- Exports of goods and services
- Imports of goods and services
- Unemployment
- Consumer prices
- Current account balance (US$ and % of GDP)
- Government budget (% of GDP)
- Short-term interest rates (%)
- Long-term interest rates (%)
- Exchange rate (vs. US dollar)
- Exchange rate (vs. euro)
- Economic Overview - two pages of events-driven analysis highlighting the
most recent economic activity and, where relevant, political developments of the
country, detailing significant changes to Oxford Economics' forecasts
- Charts and Tables - covering a full range of economic developments relevant
to the time period covered. These could include such topics as:
- Contributions to GDP growth
- Monthly industrial output
- Business and consumer confidence
- Unemployment rate
- Retail sales
- Prices and earnings
- Consumption and investment
- Government balance and debt
- GDP and industrial production
- Monetary policy and bond yields
- Background Information on the country
- One or two pages of text covering the main historical political and economic factors
that determine the country's current position
- Key Facts on the country
- Map of the country
- Key political facts
- Long-term economic and social development - changes since 1980
- Structure of GDP by output - latest year
- Long-term sovereign credit ratings and outlook
- Corruption perceptions index- latest year
- Structural economic indicators - changes since 1990
- Destination of goods' exports -prior years - latest year
- Composition of goods & services exports - latest year

Table Of Contents

Oxford Economics Services—Oxford Economics is a leading economic forecasting consultancy, producing macroeconomic and industry forecasts, analysis and data on 175 countries.

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Cite this Report

  
MLA:
Oxford Economics Services. "Country Economic Forecasts > Belgium" Oct 19, 2016. Alacra Store. May 11, 2025. <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Country-Economic-Forecasts-Belgium-2111-6239>
  
APA:
Oxford Economics Services. (2016). Country Economic Forecasts > Belgium Oct 19, 2016. New York, NY: Alacra Store. Retrieved May 11, 2025 from <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Country-Economic-Forecasts-Belgium-2111-6239>
  
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