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Why has Belgian private consumption growth been so moderate in recent years?

Author

Listed:
  • R. Basselier

    (National Bank of Belgium)

  • G. Minne

    (National Bank of Belgium)

  • G. Langenus

    (National Bank of Belgium)

Abstract

Belgian household consumption increased only moderately in recent years, mainly due to a smaller decline in purchases of durable consumer goods during the crisis years and to the fact that wage moderation weighed on labour incomes afterwards

Suggested Citation

  • R. Basselier & G. Minne & G. Langenus, 2019. "Why has Belgian private consumption growth been so moderate in recent years?," Economic Review, National Bank of Belgium, issue i, pages 51-67, June.
    • Handle: RePEc:nbb:ecrart:y:2019:m:june:i:i:p:51-67
    as

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    File URL: https://www.nbb.be/en/articles/why-has-belgian-private-consumption-growth-been-so-moderate-recent-years-0
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    References listed on IDEAS

    as
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