Inflation in Luxembourg
Luxembourg - Inflation
Harmonized inflation jumps in December
Consumer prices ticked up 0.1% in December after remaining unchanged in November. The figure largely reflected higher prices for recreation and culture; transport; and, food and non-alcoholic beverages, which more than offset lower prices for alcoholic beverages and tobacco, and communication.
Meanwhile, inflation increased to 1.7% in December from 1.2% in November, while harmonized inflation rose to 1.8% from 1.0%. That said, annual average inflation edged down to 1.7% from to 1.8% in November.
FocusEconomics Consensus Forecast panelists expect harmonized inflation to average 1.7% in 2020, which is unchanged from last month’s estimate. In 2021, they see harmonized inflation averaging 1.8%.
Luxembourg - Inflation Data
|Inflation Rate (CPI, annual variation in %)||1.7||0.6||0.5||0.3||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|
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January 10, 2020
Consumer prices ticked up 0.1% in December after remaining unchanged in November.
December 20, 2019
Growth decelerated to 3.0% year-on-year in the third quarter, down from the second quarter’s downwardly revised 3.2% expansion (previously reported: +3.7% year-on-year), according to data released by the Statistical Institute (STATEC) on 20 December.
December 18, 2019
In November, the number of unemployed workers stood at 15,351, up 2.1% from October’s reading, while the seasonally-adjusted unemployment rate edged up to 5.4% in November, from October’s 5.3%.
December 4, 2019
Consumer prices remained unchanged month-on-month in November, following October’s 0.1% dip.
November 20, 2019
In October, the number of unemployed workers stood at 15,036, up 2.3% from September’s result, while the seasonally-adjusted unemployment rate remained unchanged from September’s 5.3%.