Industry in Luxembourg

Luxembourg Industry | Economic News & Forecasts

Luxembourg - Industry

The economy decelerated in the fourth quarter of last year. Household spending faltered in Q4, despite higher wages and record low unemployment through the second half of 2018. On a positive note, fixed investment rebounded sharply in the quarter, as did exports. Turning to the first quarter, despite upbeat industrial gains in Q4 2018, lackluster current-quarter performances in France and Germany bode poorly for manufacturing at the outset of the year. Moreover, the recent pullback across the Eurozone, compounded by Brexit-linked uncertainties, has left Luxembourg’s highly developed financial sector particularly exposed to further downturns in European economies this year.

Luxembourg - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)-7.1  -2.7  -8.2  1.5  9.8  

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Luxembourg Industry Chart

Luxembourg Industry
Note: Annual variation of industrial production in %.
Source: National Statistical Institute of Luxembourg.

Luxembourg Facts

Exchange Rate1.130.65 %Apr 12
Stock Market7190.19 %Apr 12

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