Industry in Luxembourg
Luxembourg - Industry
The economy decelerated in the fourth quarter of last year. Household spending faltered in Q4, despite higher wages and record low unemployment through the second half of 2018. On a positive note, fixed investment rebounded sharply in the quarter, as did exports. Turning to the first quarter, despite upbeat industrial gains in Q4 2018, lackluster current-quarter performances in France and Germany bode poorly for manufacturing at the outset of the year. Moreover, the recent pullback across the Eurozone, compounded by Brexit-linked uncertainties, has left Luxembourg’s highly developed financial sector particularly exposed to further downturns in European economies this 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 | 1.13 | 0.65 % | Apr 12 |
| Stock Market | 719 | 0.19 % | Apr 12 |
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