Inflation in Luxembourg

Luxembourg Inflation | Economic News & Forecasts

Luxembourg - Inflation

Harmonized inflation edges up in March

Consumer prices rose 0.2% month-on-month in March, decelerating from February’s 1.5% increase. The print largely reflected higher prices for oil-products more than offsetting lower prices for food, and recreation and culture.

Inflation came in at 2.2% in March, a tad above February’s 2.1% result. In addition, harmonized inflation increased to 2.4% in March, compared to 2.1% in the previous month. Meanwhile, annual average inflation increased from February’s 1.7% to 1.8% in March.

FocusEconomics Consensus Forecast panelists expect harmonized inflation to average 1.7% in 2019, which is unchanged from last month’s estimate, and 1.8% in 2020.

Luxembourg - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)1.7  0.6  0.5  0.3  1.7  

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Luxembourg Inflation Chart

Luxembourg Inflation
Note: Annual variation of harmonized index of consumer prices (HICP) in %.
Source: National Statistical Institute of Luxembourg.

Luxembourg Facts

Exchange Rate1.120.65 %May 13
Stock Market6260.19 %May 13

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