Industry in Luxembourg

Luxembourg Industry | Economic News & Forecasts

Luxembourg - Industry

Available data paints a mixed picture for the economy in Q2, following an outstanding quarter-on-quarter performance in Q1 which was largely driven by buoyant capital outlays. Industrial output climbed at a healthy rate in April on the back of soaring production of machinery and equipment. In a similar vein, merchandise imports in the same month were outpaced by exports, which benefited from a surge in demand from Germany and France. However, on the domestic front, retail sales dipped in April despite a tightening labor market and consumer confidence hovering well above the historical average—hinting at soft private consumption dynamics in the quarter.

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

ValueChangeDate
Exchange Rate1.130.65 %Aug 15
Stock Market8450.19 %Aug 15

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