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Consumer confidence in Belgium made a slight retreat in March amid concerns about the economy, the job market and the ability to save money, according to the country's central bank.
The consumer confidence index fell to minus three, returning to January levels.
It contrasts from the minus one registered in February, an 18-month high that marked a wider upswing which started in the second quarter of 2003.
The index is based on a monthly telephone survey of more than 1,000 consumers on their outlook for the country's job and economic prospects as well as their financial situation and their ability to save money.
Their outlook on their financial situation did not change from the previous month.
The index figure is based on the difference between the percentages of people with positive and negative outlooks. A result of zero would mean Belgians were evenly split over whether things will improve or worsen for consumers in the next year.
A negative figure means a net feeling things will get worse.
The survey is the same used by all member countries of the European Union.

Copyright Reuters, 2004

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