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

R. Basselier, Geoffrey Minne and G. Langenus
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R. Basselier: National Bank of Belgium
G. Langenus: National Bank of Belgium

Economic Review, 2019, issue i, 51-67

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

Date: 2019
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