Belgium, the Autumn 2013 projections are by and large confirmed with only a minor upward revision to 1.3 % for annual activity …

absence of any adjustment having a major impact on domestic demand, activity in Belgium, in Germany’s wake, continues to … to 7.5 % in 2012 and 7.7 % in 2013. Since peaking in mid-2011, inflation has fallen steadily in Belgium and should … taxes and the rise in labour costs, which should still be strong. The general government deficit is projected to fall to 2 …

backdrop of import price moderation, and control over domestic costs, namely wage costs. In Belgium, following a lengthy period … foreign markets, Belgium’s exports will have produced hardly any growth in 2013, while imports are actually estimated to have … labour force in 2014. Inflation, which is down sharply in Belgium, too, is put at 1.2 % in 2013 and is only forecast to edge …

fiscal consolidation and macroeconomic adjustment processes in many euro area countries. In Belgium, the gradual recovery …-2011, inflation has fallen steadily in Belgium and should continue to ease, averaging 2.6 % in 2012 and 1.6 % in 2013. The … of the increase in certain indirect taxes and the rise in labour costs. These projections do not yet take into account …

will come to 0.8 % in 2014, strengthening to 1.5 % in 2016. As to Belgium, the expansion of activity is likely to remain … reducing labour costs, is gradually reflected in the export performance of Belgian firms. In 2014, net job creations should … in labour costs. Taking account of the expected movement in the labour force, the unemployment rate would decline …

projections for Belgium show zero activity growth in 2013 – the same as in the forecasts published in December 2012 – and a modest … markets, where various suppliers implemented substantial cuts in tariffs at the beginning of 2013. Domestic pressure on costs … – notably labour costs – is likely to remain restrained, taking into account the freeze in real collectively agreed wages in the …

public expenditure on consumption and investment in the countries implementing fiscal consolidation measures. In Belgium … 2011 and 2.4 % in 2012, which will fuel the rise in labour costs. The projections for public finances presented in this … Belgian State to finance the purchase of Dexia Bank Belgium and by the loans granted to Greece, Ireland and Portugal. It is …

problems. The recovery is expected to continue, but less vigorously than at the beginning of 2011. In Belgium, recent … considerably in Belgium during 2010 and at the beginning of 2011. Overall, as an annual average, the rise in consumer prices is …

on economic activity in Belgium. In particular, both industrial production and foreign trade in goods plummeted from … slowdown which began in 2007. Having peaked at 5.9 p.c. in July 2008, inflation in Belgium eased rapidly and should continue to …, following the cyclical weakness, and the still sustained rise in hourly labour costs, unit labour costs in the private sector …

be less favourable for growth and inflation. In Belgium, after having increased by 0.8 p.c. during the first three months … 2005, the number of persons in employment in Belgium should increase further, by some 80,000 units over 2006 and 2007. With … set to fall only very slightly, from 8.4 p.c. in 2005 to 8.2 p.c. in 2006 and 2007. Overall inflation movements in Belgium …