Latest reading: Retail sales increased 5.8% on a year-on-year basis in September, following a 3.5% increase in the prior month....
Retail Sales in Luxembourg
The Luxembourg economy recorded an average growth rate of -6.8% in retail sales over the decade to 2024, above Euro Area's average of 1.4%. In 2024, Luxembourg's retail sales growth was 16.1%.
Luxembourg Retail Chart
Note: This chart displays Retail Sales (ann. var. %) for Luxembourg from 2014 to 2024.
Source: Macrobond.
Luxembourg Retail Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Retail Sales (ann. var. %) | 0.7 | -3.7 | -2.8 | 7.5 | 16.1 |
Retail sales remain broadly stable in July
Latest reading: Retail sales were flat in month-on-month seasonally adjusted terms in July, which was above June's 0.2% decrease. On a seasonally and calendar-adjusted annual basis, retail sales rose at a more moderate pace of 3.2% in July (June: +4.4% yoy), the worst result since January. Meanwhile, annual average retail sales growth fell to 9.2% in July (June: +10.7%), signaling a worsening trend in the retail trade sector.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Luxembourg retail projections for the next ten years from a panel of 2 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable retail forecast available for Luxembourg retail.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Luxembourg retail projections.
Want to get access to the full dataset of Luxembourg retail forecasts? Send an email to info@focus-economics.com.
Latest Global Retail News
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Indonesia: Retail sales growth speeds up in September -
Switzerland: Retail sales fall at softer clip in August Latest reading: Retail sales were down 0.2% in seasonally adjusted month-on-month terms in August, following a 0.4% decline in the... -
Hong Kong: Retail sales speed up in August Latest reading: Retail sales rose 3.2% in annual terms in August, following a 0.9% increase in the previous month. August’s... -
Spain: Retail sales recover in August Latest reading: Retail sales increased 0.4% in working day and seasonally adjusted month-on-month terms in August, following a 0.4% decline... -
Poland: Retail sales decelerate in August Latest reading: Retail sales were up 3.3% in annual terms in August, following a 5.0% increase in the previous month.... -
United Kingdom: Retail sales beat expectations in August Latest reading: UK retail sales volumes climbed 0.5% month on month in August 2025. This matched July’s pace and outperformed... -
United States: Retail sales growth beats market expectations in August Latest reading: Nominal retail sales rose 0.6% in seasonally adjusted month-on-month terms in August, stable from the previous month’s reading...