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Business confidence bounces back in November

From nbb.be

In the business-related services sector, all underlying components strengthened considerably, particularly the assessment of current activity. The indicator is thus back above the level seen in September, more than eclipsing the October downswing. Business leaders in the trade sector are also more optimistic than last month, with their employment and, notably, their demand expectations both having risen. However, they expect to reduce their orders with suppliers. Employment expectations also picked up in the manufacturing industry. However, a less favourable assessment of order book and stock levels resulted in the ... (full story)

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