Producer Prices in Luxembourg

Luxembourg Producer Prices | Economic News & Forecasts

Luxembourg - Producer Prices

Harmonized inflation comes in at highest level since December 2011 in April

Consumer prices rose 0.05% from the previous month in April, slowing down from March's 1.41% increase. The result was driven by falling prices for food and non-alcoholic beverages and housing and utilities. In addition, prices for recreation and culture dropped.

inflation came in at 2.1% in April from the previous month's 2.0% increase. Annual average harmonized inflation rose to 0.9% in April (March: 0.8%). Lastly, harmonized inflation rose to 3.3% in April from March’s 2.5%. April's reading was the highest inflation rate since December 2011

FocusEconomics Consensus Forecast panelists project harmonized inflation to average 1.7% in 2021, which is up 0.5 percentage points from last month’s estimate. In 2022, they see harmonized inflation averaging 1.3%.

Luxembourg - Producer Prices Data

2015   2016   2017   2018   2019  
Inflation (PPI, annual variation in %)-5.3  1.4  4.5  2.9  -1.8  

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Luxembourg Producer Prices Chart

Luxembourg PPI
Note: Annual variation of producer price index (PPI) in %.
Source: National Statistical Institute of Luxembourg.

Luxembourg Facts

Value Change Date
Exchange Rate1.120.65 %Dec 31

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