Belgian household savings rate hits lowest since 2022 as spending outpaces income
Published 19 h ago1 sourceEvidence: Reported
Belgian consumer confidence fell to -13 in October from -10 in September, marking a third consecutive monthly decline. Households expect economic deterioration and rising unemployment, and plan to reduce savings for the third month running. This signals weakening domestic demand, which may weigh on growth and support rate-cut expectations.
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