Cityscape in Luxembourg

Luxembourg Inflation September 2020

Luxembourg: Harmonized consumer prices fall on an annual basis in September

Consumer prices dropped a seasonally-adjusted 0.07% over the previous month in September, contrasting the 0.82% rise recorded in August.

Harmonized consumer prices fell 0.4% in September, down from August’s 0.2% year-on-year fall in prices. Moreover, inflation rose to 0.7% in September, from August’s 0.6%, while the trend pointed down mildly, with annual average inflation coming in at 1.0% in September (August: 1.1%).

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