OECD Economic Outlook, Volume 2019 Issue 1 by OECD
Author:OECD
Language: eng
Format: epub
Tags: economics
Publisher: OECD Publishing
Published: 2019-05-21T00:00:00+00:00
Growth continues to moderate
Private consumption growth has decreased as consumer confidence fell, despite continued employment growth supported by labour tax cuts. However, consumer confidence shows some signs of stabilising. Following a significant increase in business investment, business confidence has deteriorated in recent months. Export growth has slowed due to lower growth in Belgium’s main export markets. Inflation has fallen, reflecting a decline in energy prices. Wage growth has accelerated in a tight labour market.
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