19.12.202514:00:00UTC+00Belgium's Business Climate Continues to Cool in December

The National Bank of Belgium (NBB) reports a deeper drop into negative territory for the country's business climate, as the indicator fell to -11.9 in December 2025, down from -8.2 in November. The updated data, released on 19 December 2025, signals growing challenges within Belgium's economic landscape.

The significant dip in the business climate suggests mounting pressures facing Belgian enterprises, potentially arising from ongoing economic uncertainties both domestically and in the broader European market. This consistent decline may reflect reduced business confidence, possible slowdowns in investment, or difficulties in the labor market.

As Belgium grapples with these economic headwinds heading into the new year, stakeholders will be closely monitoring policy responses and strategic plans by businesses to mitigate any adverse impacts. With the business climate indicator now at its lowest point in recent months, the coming weeks will be crucial for outlining effective measures to revive confidence and stimulate economic growth.