Industry in Luxembourg
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 |
Luxembourg Industry Chart
Source: National Statistical Institute of Luxembourg.
Luxembourg Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 1.14 | 0.65 % | Nov 29 |
| Stock Market | 725 | 0.19 % | Nov 29 |
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