Cost of food in Luxembourg increased 2.27 percent in July of 2020 over the same month in the previous year.
Food Inflation in Luxembourg averaged 2.23 percent from 1996 until 2020, reaching an all time high of 6.25 percent in June of 2008 and a record low of -1.14 percent in December of 2014. This page provides - Luxembourg Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg Food Inflation - values, historical data and charts - was last updated on August of 2020.
Food Inflation in Luxembourg is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Luxembourg to stand at 2.20 in 12 months time. In the long-term, the Luxembourg Food Inflation is projected to trend around 2.20 percent in 2021, according to our econometric models.