Industry in Luxembourg
Luxembourg - IndustryAvailable 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
|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||1.13||0.65 %||Aug 15|
|Stock Market||845||0.19 %||Aug 15|
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