Belgium : Office Market Snapshot - Q4 2016

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Macroeconomic indicators showed positive, though limited, performances all over 2016. GDP growth should stand at only 1.2%. However, consumer and business confidence are on the rise and unemployment rate fell to its lowest level since 2012 at 8.1%. Looking ahead, recent reforms to reduce labour costs and the renewed expansionary ECB policy measures should encourage the economic growth.

Source : Cushman & Wakefield

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