Latest reading: Retail sales grew 0.6% month-on-month in seasonally adjusted terms in June (May: -0.9% mom), easily beating market expectations....
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 deteriorates in May
Latest reading: Retail sales dropped 0.1% month-on-month in seasonally adjusted terms in May (April: +0.9% mom s.a.). On an annual calendar-adjusted basis, retail sales rose at a softer pace of 6.3% in May (April: +10.5% yoy). Moreover, the trend pointed down, with the annual average growth of retail sales coming in at 12.0% in May, down from April's 13.0%.
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
-
United States: Retail sales rebound in June -
Indonesia: Retail sales growth rises in June Latest reading: Retail sales expanded 2.0% in year-on-year terms in June, which was above May’s 1.9% increase. Sales of automotive... -
Australia: Retail sales return to growth in May Latest reading: Retail sales increased 0.2% month on month in seasonally adjusted terms in May after stagnating in April, though... -
Hong Kong: Retail sales record best reading since December 2023 in May Latest reading: Retail sales grew 1.9% year on year in May (April: -3.3% yoy). The print put an end to... -
Switzerland: Retail sales fall at sharpest rate since September 2024 in May Latest reading: Retail sales fell 0.6% month-on-month in seasonally adjusted terms in May (April: -0.2% mom). The result marked the... -
Spain: Retail sales growth ebbs in May Latest reading: Retail sales increased 0.2% in month-on-month seasonally adjusted terms in May, which was a deterioration from April’s 0.8%... -
Luxembourg: Retail sales deteriorates in May Latest reading: Retail sales dropped 0.1% month-on-month in seasonally adjusted terms in May (April: +0.9% mom s.a.). On an annual...