The transportation sub-index of the CPI basket in Luxembourg decreased to 104.82 Index Points in November of 2019 from 105.07 Index Points in October of 2019. CPI Transportation in Luxembourg averaged 101.72 Index Points from 2015 until 2019, reaching an all time high of 105.40 Index Points in August of 2019 and a record low of 98.21 Index Points in February of 2016.
CPI Transportation in Luxembourg is expected to be 104.30 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate CPI Transportation in Luxembourg to stand at 106.95 in 12 months time. In the long-term, the Luxembourg CPI Transportation is projected to trend around 108.09 Index Points in 2020, according to our econometric models.