Luxembourg Inflation April 2019

Luxembourg

Luxembourg: Harmonized inflation eases in April

May 8, 2019

Consumer prices rose 0.2% month-on-month in April, unchanged from March’s turnout. The print largely reflected higher prices for air travel, although they were mostly offset by lower oil prices.

Inflation came in at 2.1% in April, a tad below March’s 2.2% result. Meanwhile, harmonized inflation fell to 2.2% in April (March: 2.4%) and annual average inflation edged up 1.9%.

FocusEconomics Consensus Forecast panelists expect harmonized inflation to average 1.8% in 2019, which is unchanged from last month’s estimate, and 1.8% again in 2020.


Author:, Economist

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Luxembourg Inflation April 2019 0

Note: Month-on-month and year-on-year variation of consumer prices in %.
Source: Statistical Office of Luxembourg (STATEC)


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