Inflation in Luxembourg
Luxembourg - Inflation
Harmonized inflation rises in September
Consumer prices increased 0.15% over the previous month in September, which was below August's 0.97% rise. Looking at the details of the release, prices for food and non-alcoholic beverages fell in September and prices for transportation increased at a softer pace. In addition, prices for recreation and culture dropped.
Harmonized inflation came in at 4.0% in September, which was up from August’s 3.5%. September’s print marked the highest reading since November 2011. Annual average harmonized inflation edged up to 1.6% in September (August: 1.5%). Lastly, consumer price inflation rose toa 107-month high of 2.7% in September, from the previous month's 2.5%.
FocusEconomics Consensus Forecast panelists project harmonized inflation to average 2.6% in 2021, which is up 0.2 percentage points from last month’s estimate. In 2022, they see harmonized inflation averaging 1.8%.
Luxembourg - Inflation Data
|Inflation Rate (CPI, annual variation in %)||0.5||0.3||1.7||1.5||1.7|
5 years of economic forecasts for more than 30 economic indicators.
Luxembourg Inflation Chart
Source: National Statistical Institute of Luxembourg.
|Exchange Rate||1.12||0.65 %||Dec 31|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
October 6, 2021
Consumer prices increased 0.15% over the previous month in September, which was below August's 0.97% rise.
September 20, 2021
In August, the number of unemployed workers came in at 16,123, which was up 4.4% from July’s result of 15,439.
September 8, 2021
Harmonized consumer prices rose 1.07% month-on-month in August, swinging from the 0.39% drop recorded in the prior month.
August 20, 2021
In July, the number of unemployed workers came in at 16,807, which was up 2.5% from June’s result of 16,402.
August 5, 2021
Harmonized consumer prices dropped 0.40% in July over the previous month, swinging from the 0.30% rise logged in June.