Industry in Luxembourg

Luxembourg Industry | Economic News & Forecasts

Luxembourg - Industry

Analysts remain upbeat on the economy’s full-year prospects despite a weaker-than-expected first half of the year. A second-quarter pullback in domestic demand—amid household spending’s breather and another contraction in fixed investment—followed a downward revision to first-quarter growth. Available third-quarter metrics suggest more gusto, however. Consumer sentiment recovered through the quarter, while unemployment hit a near-decade low in September. Moreover, tight industrial capacity and recent corporate-tax breaks hint at improved fixed-capital outlays through the remainder of the 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 Rate1.140.65 %Nov 29
Stock Market7250.19 %Nov 29

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