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Macro - Country Economic Forecasts - Belgium

Publisher Oxford Economics
Published Mar 31, 2025
Length 8 Pages
SKU # OFE19906801

Description

We forecast Belgium's economy will expand by 1.1% this year and 1.6% in 2026 as tight monetary policy unwinds and manufacturing recovers. However, tariffs and trade uncertainty will limit growth. We expect inflation will average 2.1% in 2025 and 1.7% in 2026, with tariffs hindering the disinflationary process.

Table of Contents

8 Pages
Belgium: Growth hinging on consumption
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Policy and politics

Pricing

Currency Rates
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