Producer Prices in Luxembourg

Luxembourg Producer Prices | Economic News & Forecasts

Luxembourg - Producer Prices

Harmonized inflation edges up in July

Consumer prices fell 0.7% month-on-month in July, the lowest print in six months, after a 0.1% downturn in June. The drop largely reflected lower prices for household items and clothing amid a planned summer sale.

In July, inflation matched June’s 1.8% result, while harmonized inflation ticked up to 1.6% from 1.5%. Meanwhile, annual average inflation remained unchanged at June’s 1.8%.

FocusEconomics Consensus Forecast panelists expect harmonized inflation to average 1.8% in 2019, which is down 0.1 percentage points from last month’s estimate, and 1.8% in 2020.

Luxembourg - Producer Prices Data

2013  2014  2015  2016  2017  
Inflation (PPI, annual variation in %)-2.6  -1.4  -5.3  1.4  4.5  

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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

Exchange Rate1.100.65 %Sep 04
Stock Market5950.19 %Sep 04

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