Industry in Luxembourg
Luxembourg - IndustryAnalysts 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
|Industrial Production (annual variation in %)||-7.1||-2.7||-8.2||1.5||9.8|
5 years of economic forecasts for more than 30 economic indicators.
Luxembourg Industry Chart
Source: National Statistical Institute of Luxembourg.
|Exchange Rate||1.14||0.65 %||Nov 29|
|Stock Market||725||0.19 %||Nov 29|
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