Cityscape in Luxembourg

Luxembourg Inflation October 2019

Luxembourg: Harmonized inflation falls to near three-year low in October

Consumer prices dipped 0.1% month-on-month in October, following a 0.2% fall in September. Prices for food, health, communication, and recreation and culture all fell from a month prior.

In October, inflation fell from September 1.3% to 1.1%, while harmonized inflation decreased to 0.8% from 1.4%, marking the lowest print since November 2016. Meanwhile, annual average inflation remained stable at September 1.9%.

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