Retail Sales in Luxembourg

Luxembourg Retail Sales | Economic News & Forecasts

Luxembourg - Retail Sales

Incoming data suggests the economy gradually recovered in the third quarter, after GDP contracted for the first time in nearly eight years in the second quarter on the blow dealt by the coronavirus health crisis. New car registrations rallied in July and August, hinting at improved consumer spending in the quarter as restrictions were gradually lifted. Moreover, the unemployment rate logged the lowest reading in six months in September, indicating that the labor market continued to stabilize. Meanwhile, economic sentiment improved overall in the quarter, albeit deteriorating slightly in September amid renewed Covid-19 concerns as cases spiked again. Meanwhile, on 14 October, the government laid out its 2021 draft budget, aimed at containing the fallout from the Covid-19 crisis and supporting a healthy recovery, particularly through increased investment of 4.3% of GDP (EUR 2.7 billion).

Luxembourg - Retail Sales Data

2015   2016   2017   2018   2019  
Retail Sales (annual variation in %)-30.7  -52.7  -23.1  3.6  4.4  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Luxembourg Retail Sales Chart

Luxembourg Retail
Note: Annual variation of retail sales in %.
Source: National Statistical Institute of Luxembourg.

Luxembourg Facts

Value Change Date
Exchange Rate1.120.65 %Dec 31

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form