This research note describes the construction of news-based Economic Policy Uncertainty (EPU) indices for Flanders, Wallonia and Belgium. The indices are computed from January 2001 until May 2020. Important domestic and more global events coincide with spikes in the indices. The COVID-19 pandemic represents the highest point, reflecting very strong consecutive Belgian newspaper attention to economic policy uncertainty. The monthly values of the EPU indices for Flanders, Wallonia and Belgium are published on www.policyuncertainty.com.
The Economic Policy Uncertainty Index for Flanders, Wallonia and Belgium