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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
BelgiumBelgium Consumer Confidence fell to -13.0% in October 2026
FMPMonthlyReleased October 2026
Belgium Consumer Confidence fell to -13.0% in October 2026, down 3.0% from September's -10.0% reading. The reading missed the -11.0% consensus by 2.0%. Consumer Confidence has now declined for 4 consecutive months. Over the past 3 months, Consumer Confidence averaged -8.5%, vs -7.33% in the prior 3-month window. Consumer Confidence is now the lowest in 17 months.
Latest Release
-13
Actual
-11
Consensus
-10
Previous
Median Absolute Error
±1.5 percentage points
across last 12 releases
Last Call
Oct 2026
Predicted: -11.5
Actual: -13
Error: +1.5
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 | −0.69 | INDEX | Moves against | → View |
| BTC/USD | ▼ Inverse | −0.57 | CRYPTO | Moves against | → View |
| XAU/USD | ▲ Direct | +0.52 | COMMODITIES | Moves with | → View |
| USD/JPY | ▲ Direct | +0.49 | FOREX | Moves with | → View |
| EUR/USD | ▼ Inverse | −0.31 | 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 -13% in October 2026. This missed the market consensus of -11% by 2%. The reading fell from the previous value of -10%. Trailing 12-month context per ETL data through October 2026. Over the past 12 months, the indicator has averaged -5.6%, ranging from -13% to 2% across 10 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged -10%, down from the prior three at -7.33%. Volatility over the past year (σ 4.69%) is higher than the prior year (σ 4.16%). In October readings over the past 3 years, Consumer Confidence has averaged -6%.
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 1.5%.
WHAT TO WATCH NEXT
The next release is scheduled for November 20, 2026.
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
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Consumer Confidence - BE
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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 (Oct 2026): actual -13 %, consensus -11 %. Prior reading (Sep 2026): -10 %. Before that (Aug 2026): -7 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with S&P 500 (Bearish S&P 500, r=-0.69) — a useful reference for index-focused traders.
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Economic Calendar - BE Events
| Friday, October 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 10:30 | BE | Producer Price Index YoY | 13.6 | 11.4 | 11.6 | 12.60 | Low |