Producer Prices in Luxembourg
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 |
Luxembourg Producer Prices Chart
Source: National Statistical Institute of Luxembourg.
Luxembourg Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 1.10 | 0.65 % | Sep 04 |
| Stock Market | 595 | 0.19 % | Sep 04 |
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Economic News
Luxembourg: Unemployment stable in July
August 20, 2019
In July, the number of unemployed workers stood at 15,668, up 4.2% from June’s result, while the seasonally-adjusted unemployment rate remained stable at 5.5% from the previous months, to match that of the same month last year.
Luxembourg: Harmonized inflation edges up in July
August 7, 2019
Consumer prices fell 0.7% month-on-month in July, the lowest print in six months, after a 0.1% downturn in June.
Luxembourg: Unemployment stable in June
July 22, 2019
In June, the number of unemployed workers stood at 15,037, down 0.6% from May’s result, while the seasonally-adjusted unemployment rate remained stable at 5.5% to match that of the same month last year.
Luxembourg: Harmonized inflation eases to an over-a-year-low in June
July 3, 2019
Consumer prices fell 0.1% month-on-month in June, contrasting May’s 0.3% upturn and largely reflecting lower oil prices.
Luxembourg: Growth softens in Q1 amid across-the-board slowdown
June 21, 2019
Growth decelerated to 1.6% year-on-year in Q1, from Q4 2018’s revised 1.8% outturn (previously reported: +1.7% year-on-year).
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