FX.co ★ Belgian Car Registrations Contract Again in February, But Pace of Decline Eases

Belgium’s car market remained in negative territory in February 2026, but the latest data point to a clear moderation in the downturn. Year-over-year car registrations fell 7.70% in February, an improvement from January 2026, when registrations had slumped 18.70% compared with a year earlier. The figures were updated on 3 March 2026.

The data are based on year-over-year comparisons, with each month measured against the same month a year before. While the sector is still shrinking, the smaller decline in February suggests some stabilization after the sharp contraction recorded at the start of the year. Investors and industry participants will be watching upcoming months closely to see whether this easing trend continues or proves temporary.