FX.co ★ Belgium’s Business Sentiment Edges Higher in July, NBB Climate Indicator Rises to -11.9

Belgian business confidence improved slightly in July, according to the latest data on the NBB Business Climate indicator. The index rose to -11.9 in July 2026 from -12.4 in June 2026, signaling a modest easing in pessimism among firms.

While the indicator remains in negative territory, the uptick suggests that businesses are seeing marginally better conditions than in the previous month. The move from -12.4 to -11.9 may indicate early signs of stabilization, though the overall climate still reflects caution across the corporate sector.

The updated figures, released on 24 July 2026, will be closely watched by investors and policymakers as they assess the momentum of economic activity in Belgium heading into the second half of the year.