Industry in Luxembourg

Luxembourg Industry | Economic News & Forecasts

Luxembourg - Industry

Upbeat economic sentiment and easy credit conditions are fueling a domestically-driven growth spurt, and expansion through the first half of the year looks set to easily top the Eurozone average. On the heels of a bumper first quarter (Q1: +5.1% year-on-year), surer private-sector metrics suggest momentum persisted into the summer months. Manufacturing and construction have both posted consistently solid outturns, as have recent employment figures. On the other hand, trade tensions have chilled external-sector prospects, and October’s legislative elections—in which another center-right-led coalition is likely to prevail—suggest that some fiscal tightening could be on the horizon next 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 Rate1.150.65 %Oct 18
Stock Market8470.19 %Oct 18

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