The NBB's September Economic Review documents Belgian economic conditions three months after the June capacity crisis low — with some signs of chemical sector recovery as European gas prices moderate, but the recovery is fragile.
CBS Statistics Netherlands' September Economic Monitor confirms that the Dutch economy is recovering across the board — consumer spending improving, exports picking up, and the labour market more resilient than spring forecasts assumed.
CPB's September 2026 Netherlands Economic Outlook upgrades 2026 GDP to 1.0% and confirms that the energy transition is accelerating faster than previously projected — making the Netherlands one of Europe's fastest-moving major economies on clean energy infrastructure.
Vanguard's September Japan update confirms the BoJ rate hike to 1.25% as the base case, assesses the wage-price dynamic as durable, and identifies AI export strength as the key growth positive for H2 2026.
Norges Bank's Regional Network Report for September shows softness in the Norwegian economy — but not enough to shift the inflation calculus that drove the unexpected September rate hike.
The Kiel Institute's autumn 2026 World Economy Outlook features the global AI boom fuelling growth — and Japan is identified as one of the primary beneficiaries through its semiconductor equipment and robotics export position.
DNB's September Quarterly Bulletin documents a Dutch economy that has absorbed the energy shock better than feared — GDP is tracking toward 1.0% for 2026, above the 0.8% spring projection, as Rotterdam activity recovers.
Nordea's September Nordic Outlook delivers Norway's most sobering assessment: underlying inflation picking up again toward 3%, another rate hike expected in autumn, no cuts until 2028. The mainland economy is cooling.
The EU Commission's autumn forecast preview for Belgium revises 2026 growth slightly upward as the energy shock proves less severe than the May projection assumed — but the recovery path remains gradual and the 2027 rebound is the key event.
Belgium's Federal Public Service Economy September statistics show export recovery beginning — particularly in pharmaceuticals and logistics — while domestic industrial production gradually recovers from the Antwerp chemical cluster shock.
In a surprise to markets, Norges Bank raised its policy rate to 4.5% in September — the opposite of the cut most analysts had expected. Inflation is still above target, and the bank says it needs to be tighter for longer.
The Bank of Japan raised its policy rate to 1.25% in September — delivering the year-end hike that Vanguard and Daiwa had forecast. The wage-price dynamic is sufficiently durable, and inflation risks are to the upside.
