The annual inflation rate in Luxembourg rose to 1.9 percent in January 2020 from 1.7 percent in the previous month, its highest since last May. Upward pressure came from transport (3.7 percent); miscellaneous goods & services (1.6 percent); housing & utilities (2.4 percent) and food & non-alcoholic beverages (1.5 percent). On a monthly basis, consumer prices decreased 0.6 percent. Luxembourg Inflation Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Inflation Rate in Luxembourg averaged 2.13 percent from 1991 until 2020, reaching an all time high of 4.99 percent in October of 2005 and a record low of -1.35 percent in January of 1999. This page provides - Luxembourg Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation Rate in Luxembourg is expected to be 1.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Luxembourg to stand at 1.60 in 12 months time. In the long-term, the Luxembourg Inflation Rate is projected to trend around 2.00 percent in 2021, according to our econometric models.


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Luxembourg Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.90 1.70 4.99 -1.35 1991 - 2020 percent Monthly
2015=100


Calendar GMT Actual Previous Consensus TEForecast
2019-11-06 10:30 AM Oct 1.2% 1.3% 1.2%
2019-12-04 10:30 AM Nov 1.2% 1.2% 1.3%
2020-01-10 11:00 AM Dec 1.7% 1.2% 1.4%
2020-02-14 11:00 AM Jan 1.9% 1.7% 1.6%
2020-03-04 10:30 AM Feb 1.9% 1.8%
2020-04-03 09:30 AM Mar 1.7%
2020-05-06 09:30 AM Apr
2020-06-08 09:30 AM May


News Stream
Luxembourg Inflation Rate at 8-Month High
The annual inflation rate in Luxembourg rose to 1.9 percent in January 2020 from 1.7 percent in the previous month, its highest since last May. Upward pressure came from transport (3.7 percent); miscellaneous goods & services (1.6 percent); housing & utilities (2.4 percent) and food & non-alcoholic beverages (1.5 percent). On a monthly basis, consumer prices decreased 0.6 percent.
2020-02-14
Luxembourg Inflation Rate Climbs to 4-Month High
The inflation rate in Luxembourg rose to 1.7 percent year-on-year in December 2019 from 1.2 percent in the previous month, with upward pressure coming from: transport (2.3 percent); miscellaneous goods and services (1.5 percent); housing, water, electricity, gas and other fuels (1.0 percent); food and non-alcoholic beverages (1.2 percent); furnishings, household equipment and routine household maintenance (1.3 percent); recreation and culture (3.4 percent); and restaurants and hotels (2.3 percent). On a monthly basis, consumer prices edged up 0.1 percent.
2020-01-10
Luxembourg Annual Inflation Rate Steady at 1.2% in November
The annual inflation rate in Luxembourg stood at 1.2 percent in November of 2019, unchanged from the previous month. It remained the lowest inflation since April of 2018, as prices slowed for transport (1.0 percent vs 1.2 percent in October); food & non-alcoholic beverages (0.3 percent vs 0.6 percent) and communication (a flat reading vs 1.0 percent). On the other hand, housing & utilities cost came flat after a 0.1 percent fall in October while prices advanced faster for miscellaneous goods & services (1.7 percent vs 1.5 percent); furniture & household equipment (2.0 percent vs 1.8 percent); restaurants & hotels (2.2 percent vs 2.0 percent); clothing & footwear (1.7 percent vs 1.2 percent) and alcoholic beverages & tobacco (3.0 percent from 2.1 percent). At the same time, inflation was steady for recreation & culture (at 2.1 percent); health (at 0.9 percent) and education (at 1.0 percent). On a monthly basis, consumer prices showed no growth for the second consecutive month.
2019-12-04
Luxembourg Inflation Rate at 1-1/2-Year Low
Annual inflation rate in Luxembourg decreased to 1.2 percent in October 2019 from 1.3 percent in the previous month. It was the lowest inflation since April of 2018, as cost slowed for transport (1.2 percent from 1.3 percent in September); miscellaneous goods & services (1.5 percent from 1.6 percent); food & non-alcoholic beverages (0.6 percent from 0.9 percent); alcoholic beverages & tobacco (2.1 percent from 2.3 percent) and communication (1 percent from 1.7 percent). On the other hand, prices advanced faster for furniture & household equipment (1.8 percent from 1.4 percent); recreation & culture (2.1 percent from 1.6 percent); restaurant & hotels (2 percent from 1.9 percent) and clothing & footwear (1.2 percent from 1 percent). Meanwhile, inflation was steady for health (at 0.9 percent) and education (at 1 percent) while prices fell for housing & utilities (-0.1 percent from 0.6 percent).
2019-11-06

Luxembourg Inflation Rate
In Luxembourg, the most important category in the consumer price index is Transport (16.2 percent of total weight). Miscellaneous Goods and Services accounts for 15.8 percent; Housing and Utilities for 15.2 percent; Food and Non-Alcoholic Beverages for 12.2 percent; Furnishings, household equipment and routine household maintenance for 8.4 percent; Recreation and Culture for 7.9 percent and Restaurants and Hotels for 7.1 percent. Clothing and Footwear; Alcoholic beverages and tobacco; Communication; Health and Education account for the remaining 24.3 percent of total weight.