Belgium growth at 3.1% in 3Q down on 2Q

The Belgian economy grew 3.1% on the year in the third quarter, down from 4.6% in the second quarter and from 3.5% in the third quarter of 1999, the Belgian National Bank said Wednesday.

The central bank said gross domestic product should grow 3.7% this year on the basis of the first three quarters. The central bank's last official forecast estimated the Belgian economy to grow 3.8% this year.