Interest Rate in Luxembourg

Luxembourg Interest Rate | Economic News & Forecasts

Luxembourg - Interest Rate

The economy seems to have lost pace in the third quarter, after expanding at the quickest clip in nearly a year in the previous quarter. Retail sales growth ebbed in the third quarter, amid downbeat consumer confidence, which suggests that household consumption likely slowed in the period. Moreover, industrial production plunged in Q3 as sentiment in the sector deteriorated further, while merchandise export growth lost pace in the quarter amid subdued global demand and elevated external uncertainty. Meanwhile, available data paints a similar picture for the fourth quarter: Pessimism among consumers deepened in October–November, while business confidence was downbeat in the same period, hinting at faltering household consumption and capital expenditure in the final months of the year.

Luxembourg - Interest Rate Data

2013   2014   2015   2016   2017  
Policy Interest Rate (%)-     -     -     -     -     

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Luxembourg Interest Rate Chart

Euro Interest Rate
Note: ECB Refinancing Rate in %.
Source: European Central Bank.

Luxembourg Facts

Value Change Date
Exchange Rate1.120.65 %Dec 31

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