Cityscape in Luxembourg

Luxembourg Retail December 2021

Luxembourg: Retail sales growth wanes in December

Retail sales increased 1.9% in year-on-year terms in December, which was a deterioration from November’s 2.7% increase. December’s weakening came on the back of a worsening in household equipment and automotive fuel from specialized stores sales. However, food, beverages and tobacco sales fell at a softer rate.

Meanwhile, annual average retail sales growth rose to 7.3% in December (November: +6.9%), which marked a six-month high.

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