Industry in Luxembourg
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 |
Luxembourg Industry Chart
Source: National Statistical Institute of Luxembourg.
Luxembourg Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 1.13 | 0.65 % | Aug 15 |
| Stock Market | 845 | 0.19 % | Aug 15 |
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