Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
BelgiumBelgium Consumer Confidence fell to -7.0% in August 2026
FMPMonthlyReleased August 2026
Belgium Consumer Confidence fell to -7.0% in August 2026, down 2.0% from July's -5.0% reading. The reading missed the -6.0% consensus by 1.0%. The print is running well below the 12-month average of -3.5%. Over the past 3 months, Consumer Confidence averaged -6.0%, vs -8.33% in the prior 3-month window. The reading is in the 40th percentile of the trailing 24-month range.
Latest Release
-7
Actual
-6
Consensus
-5
Previous
Median Absolute Error
±1.63 percentage points
across last 12 releases
Last Call
Aug 2026
Predicted: -4.5
Actual: -7
Error: +2.5
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| S&P 500 | ▼ Inverse | −0.74 | INDEX | Moves against | → View |
| BTC/USD | ▼ Inverse | −0.63 | CRYPTO | Moves against | → View |
| USD/JPY | ▲ Direct | +0.38 | FOREX | Moves with | → View |
| GBP/USD | ▼ Inverse | −0.27 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Consumer Confidence (Belgium) was reported at -7% in August 2026. This missed the market consensus of -6% by 1%. The reading fell from the previous value of -5%. Trailing 12-month context per ETL data through August 2026. Over the past 12 months, the indicator has averaged -3.4%, ranging from -10% to 2% across 10 releases.
WHY IT MATTERS
The trailing three releases averaged -6.33%, down from the prior three at -5%. Volatility over the past year (σ 3.88%) is higher than the prior year (σ 3.35%). In August readings over the past 3 years, Consumer Confidence has averaged -4%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with S&P 500 (Bearish S&P 500). A secondary relationship exists with BTC/USD, negatively correlated (Bearish BTC). Over the last 12 releases, the Sigmacast model's median absolute error is 1.63%.
WHAT TO WATCH NEXT
The next release is scheduled for September 22, 2026.
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
SHARE
Consumer Confidence - BE
Loading chart data...
About Consumer Confidence — Belgium
DEFINITION
Index The Consumer Confidence Index is a widely recognized financial indicator that measures the level of optimism or pessimism among consumers regarding the state of the economy. It is based on surveys and data collected from a representative sample of households, and is used by economists and investors to gauge consumer spending patterns and overall economic health. A higher index value indicates a positive outlook, while a lower value suggests a more negative sentiment. This index is a valuable tool for businesses and policymakers in making informed decisions and predicting future economic trends.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Aug 2026): actual -7 %, consensus -6 %. Prior reading (Jul 2026): -5 %. Before that (Jun 2026): -7 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with S&P 500 (Bearish S&P 500, r=-0.74) — a useful reference for index-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - BE Events
| Tuesday, September 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 09:00 | BE | Balance of Trade | 6479.3 | 4685.2 | 5980 | 6229.65 | Low |
| Wednesday, September 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 08:30 | BE | Harmonised Inflation Rate YoY | 4.2 | 3.6 | 4.2 | 4.18 | Low |
| 09:30 | BE | Harmonised Inflation Rate YoY | 4.2 | 3.6 | 4.2 | 4.18 | Low |