Luxembourg: Harmonized inflation ticks up in November
Consumer prices remained unchanged month-on-month in November, following October’s 0.1% dip. The figure reflected lower prices for communication, and recreation and culture offsetting higher prices for clothing and footwear, and alcoholic beverages and tobacco.
Meanwhile, inflation ticked up to 1.2% from 1.1%, while harmonized inflation increased to 1.0% from 0.8%. That said, annual average inflation edged down to 1.6% in November from 1.9% in October.