Industry in Luxembourg
Luxembourg - Industry
Luxembourg’s economy began the year in better shape than in 2018 on the heels of what appeared to be solid third (Q3: +0.6% quarter-on-quarter s.a.) and fourth-quarter outturns. On the supply side, non-financials drove growth in the third quarter as growing apprehension held back financial-sector gains. On the demand side, household spending accelerated in line with the fall in unemployment and elevated consumer confidence, while fixed investment contracted for a third quarter on fewer aircraft and satellite purchases. Looking at the fourth quarter, meanwhile, a weaker European backdrop appeared to contribute to slower growth through year-end.Luxembourg - Industry Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | -7.1 | -2.7 | -8.2 | 1.5 | 9.8 |
Luxembourg Industry Chart
Source: National Statistical Institute of Luxembourg.
Luxembourg Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 1.13 | 0.65 % | Feb 14 |
| Stock Market | 711 | 0.19 % | Feb 14 |
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