Industry in Luxembourg
Luxembourg - IndustryUpbeat economic sentiment and easy credit conditions are fueling a domestically-driven growth spurt, and expansion through the first half of the year looks set to easily top the Eurozone average. On the heels of a bumper first quarter (Q1: +5.1% year-on-year), surer private-sector metrics suggest momentum persisted into the summer months. Manufacturing and construction have both posted consistently solid outturns, as have recent employment figures. On the other hand, trade tensions have chilled external-sector prospects, and October’s legislative elections—in which another center-right-led coalition is likely to prevail—suggest that some fiscal tightening could be on the horizon next 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||1.15||0.65 %||Oct 18|
|Stock Market||847||0.19 %||Oct 18|
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