Inflation in Luxembourg

Luxembourg Harmonized Inflation (eop) | Economic News & Forecasts

Luxembourg - Harmonized Inflation (end of period)

Harmonized inflation eases to an over-a-year-low in June

Consumer prices fell 0.1% month-on-month in June, contrasting May’s 0.3% upturn and largely reflecting lower oil prices.

Inflation came in at 1.8% in June, a five-month low (May: 2.1%). Meanwhile, harmonized inflation eased to 1.5% from 2.2% a month prior, its lowest point since May 2018, while annual average inflation inched down to 1.8% (May: 1.9%).

FocusEconomics Consensus Forecast panelists expect harmonized inflation to average 1.9% in 2019, which is up 0.1 percentage points from last month’s estimate, and 1.8% in 2020.

Luxembourg - Harmonized Inflation (eop) Data

2013  2014  2015  2016  2017  
Inflation Rate (HICP, annual variation in %, eop)1.5  -0.9  0.9  1.6  1.6  

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Luxembourg Harmonized Inflation (eop) Chart

Luxembourg Inflation
Note: Annual variation of harmonized index of consumer prices (HICP) in %.
Source: National Statistical Institute of Luxembourg.

Luxembourg Facts

Exchange Rate1.130.65 %Jul 11
Stock Market6160.19 %Jul 11

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