Cityscape in Luxembourg

Luxembourg Inflation June 2020

Luxembourg: Harmonized consumer prices fall at a softer pace in June

Consumer prices rose a seasonally-adjusted 0.49% over the previous month in June, rebounding from May’s 0.15% drop. June’s reading largely reflected increasing prices for transport as well as for culture and recreation.

Inflation increase to 0.7% in June from 0.2% in May. Meanwhile, harmonized consumer prices declined 0.4% in June, a softer decease compared to May’s 1.6% drop. Lastly, annual average inflation fell to 1.2% in June (May: 1.3%).

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