Belgium Economy Grew 1.6% on Year in 1Q, Central Bank Reports

By Laurence NormanFeaturesDow Jones Newswires

Belgium's central bank released revised figures on Wednesday showing the economy grew faster than originally reported in the first quarter.

The economy grew 0.6% in the first quarter from the final three months of 2016 and expanded 1.6% on the year earlier period, the bank said.

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That is the fastest quarterly growth since the second quarter of 2015.

The bank originally reported quarterly growth of 0.5% in the first three months of 2017 and annual growth of 1.5%.

Belgium's economy has enjoyed modest growth in the last three years since suffering a mild recession in 2013 during the region's financial crisis.

Write to Laurence Norman at

(END) Dow Jones Newswires

May 31, 2017 09:14 ET (13:14 GMT)