Luxembourg Inflation
Harmonized inflation moderates in June
Harmonized inflation dropped to 1.0% in June below May’s 2.0%. June’s figure marked the lowest inflation rate since February 2021. Looking at the details of the release, food and housing inflation moderated in June while prices for transportation declined at a quicker rate.
Annual average harmonized inflation fell to 5.6% in June (May: 6.4%). Meanwhile, consumer price inflation fell to 3.2% in June, from May’s 3.6%.
Finally, harmonized consumer prices increased 0.45% from the previous month in June, swinging from May’s 0.19% fall.
Luxembourg Inflation Chart
This chart displays Inflation (HICP, ann. var. %, aop) for Luxembourg from 2013 to 2022.
Luxembourg Inflation Data
| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Inflation (HICP, ann. var. %, aop) | 2.0 | 1.6 | 0.0 | 3.5 | 8.2 |
| Inflation (HICP, ann. var. %, eop) | 1.9 | 1.8 | -0.3 | 5.4 | 6.2 |
| Inflation (PPI, ann. var. %, aop) | 4.6 | -1.9 | -1.9 | 11.3 | 25.6 |