Confidence drops to -10 from -7 in June, according to the survey from the National Bank of Belgium. It’s the lowest since Aug 2013 and the largest one-month drop since March.

In the sub-indicators, concern about rising unemployment hit 40 from 30 and is at a 10-month high.

Belgium is a bit player but the survey is seen as a leading indicator for the eurozone. Those consumers could use some lessons in enthusiasm from Marc Wilmots.