The National Bank of Belgium (NBB) reported on Wednesday that business confidence in Belgium declined to -3.2 in April from -0.7 in the previous month. That was the lowest level of confidence since September of 2017.

Economists had forecast the reading to drop to -0.8.

According to the report, confidence worsened among manufacturers (-6.1 from -3.1 in March) and constructors (0.5 from 5.2), but improved among service providers (5.7 from 5.3) and traders (-3.6 from -5.9).