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Belgian business confidence picks up in October
The regained confidence in the manufacturing industry is based on a much more favourable assessment of stock levels and, to a limited extent, on brighter prospects for employment and demand. In business-related services, the second improvement in a row is primarily due to a more positive appraisal of the current level of activity and a better outlook in this area. In the building industry, the economic situation is following a rather hesitant pattern. This month, the deterioration of the business climate stems from both a slight fall in the number of new orders received and a distinctly more negative assessment of ... (full story)