Retail Sales in Luxembourg

Luxembourg - Retail Sales
Retail sales fall at sharpest rate since July 2021 in May
Retail sales fell 2.5% year on year in May (April: +0.7% yoy). The fall came on the back of a broad-based deterioration across all subcomponents. Looking at the details of the release, a drop in food, beverages and tobacco sales were key drivers behind the contraction.
FocusEconomics Consensus Forecast panelists forecast private consumption to grow 3.1% in 2022, which is down 0.5 percentage points from last month’s forecast. In 2023, they see household spending increasing 2.7%.
Luxembourg - Retail Sales Data
2015 | 2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|---|
Retail Sales (annual variation in %) | -30.7 | -52.7 | -23.1 | 3.6 | 4.4 |
Luxembourg Retail Sales Chart

Source: National Statistical Institute of Luxembourg.
Luxembourg Facts
Value | Change | Date | |
---|---|---|---|
Exchange Rate | 1.12 | 0.65 % | 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.
Economic News
-
Luxembourg: Harmonized inflation moderates in July
August 5, 2022
Consumer prices fell 1.00% from the previous month in July, swinging from the 0.76% increase logged in June.
-
Luxembourg: Retail sales fall at sharpest rate since July 2021 in May
July 22, 2022
Retail sales fell 2.5% year on year in May (April: +0.7% yoy).
-
Luxembourg: Inflation rises further in June
July 6, 2022
Consumer prices rose 0.76% month on month in June, up from May’s 0.13% increase.
-
Luxembourg: Economy grows at softest pace since Q4 2020 in the first quarter
June 15, 2022
GDP growth moderated to 4.1% year on year in the first quarter, from 4.8% in the fourth quarter of last year.
-
Luxembourg: Harmonized inflation comes in at highest level since records began in May
June 10, 2022
Consumer prices rose 0.13% in May over the previous month, which was below April's 0.82% rise.