Inflation in Luxembourg
Luxembourg - Harmonized Inflation
Harmonized inflation recedes in September
Consumer prices fell 0.2% month-on-month in September, contrasting a 1.2% increase in August. The fall largely reflected lower prices for food and transport, following the end of the holiday season.
In September, inflation fell from August’s 1.7% to 1.3%, while harmonized inflation decreased to 1.1% from 1.4%. Meanwhile, annual average inflation edged down to 1.9% from 2.0% in August.
FocusEconomics Consensus Forecast panelists expect harmonized inflation to average 1.8% in 2019, which is unchanged from last month’s estimate. In 2020, they see harmonized inflation averaging 1.8%, which is unchanged from last month’s.
Luxembourg - Harmonized Inflation Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Inflation Rate (HICP, annual variation in %) | 1.7 | 0.7 | 0.1 | 0.0 | 2.1 |
Luxembourg Harmonized Inflation Chart
Source: National Statistical Institute of Luxembourg.
Luxembourg Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 1.10 | 0.65 % | Sep 04 |
| Stock Market | 595 | 0.19 % | Sep 04 |
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Economic News
Luxembourg: The economy expands at the fastest pace in a year in Q2
October 9, 2019
Growth accelerated to 3.7% year-on-year in the second quarter, marking the highest print in a year, following the first quarter’s downwardly revised 1.0% expansion (previously reported: +1.6% year-on-year).
Luxembourg: Harmonized inflation recedes in September
October 4, 2019
Consumer prices fell 0.2% month-on-month in September, contrasting a 1.2% increase in August.
Luxembourg: Unemployment stable in August
September 20, 2019
In August, the number of unemployed workers stood at 15,370, down 1.9% from July’s result, while the seasonally-adjusted unemployment remained stable at July’s 5.4%.
Luxembourg: Unemployment stable in July
August 20, 2019
In July, the number of unemployed workers stood at 15,668, up 4.2% from June’s result, while the seasonally-adjusted unemployment rate remained stable at 5.5% from the previous months, to match that of the same month last year.
Luxembourg: Harmonized inflation edges up in July
August 7, 2019
Consumer prices fell 0.7% month-on-month in July, the lowest print in six months, after a 0.1% downturn in June.
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