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Indicateurs

Pour évaluer l’état actuel de l’économie belge, le BFP met à jour régulièrement une série d’indicateurs. Ces indicateurs portent sur la situation macroéconomique des économies de la Belgique, ses trois pays limitrophes et la zone euro ainsi que le secteur des transports.

  Real effective exchange rate based on ULC, index 2010

The chart will appear within this DIV.

Real effective exchange rate based on ULC, 42 industrialised countries

index 2010=100

 20132014201520162017201820192020
Belgium103,7102,997,898,2100,2101,099,6100,3
Netherlands101,0100,596,097,097,398,698,4102,7
France101,4101,897,597,898,999,695,296,4
Germany102,8104,3101,7102,7104,4107,6107,2108,2
Austria102,5104,4102,2103,2103,6104,6103,5105,3
EA19101,6102,394,595,597,4100,998,199,8
EU27101,7102,091,692,996,6101,597,499,8

Source - DGECFIN, Price and cost competitiveness.

 

Description: the real effective exchange rate (REER) aims to assess a country's (or currency area's) price or cost competitiveness relative to its principal competitors in international markets. Changes in cost and price competitiveness depend not only on exchange rate movements but also on cost and price trends. This REER is deflated by the unit labour cost index (ULC) against a panel of 42 industrialised countries. Double export weights are used to calculate REERs, reflecting not only competition in the home markets of the various competitors, but also competition in export markets elsewhere. A rise in the index means a loss of competitiveness.

Source: DGECFIN, Price and cost competitiveness

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