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). Inflation Rate in Luxembourg averaged 2.13 percent from 1991 until 2019, 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.

Inflation Rate in Luxembourg is expected to be 1.40 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 1.50 in 12 months time. In the long-term, the Luxembourg Inflation Rate is projected to trend around 2.10 percent in 2020, according to our econometric models.

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Luxembourg Inflation Rate
Calendar GMT Actual Previous Consensus TEForecast
2019-08-07 09:30 AM Inflation Rate YoY Jul 1.8% 1.8% 2%
2019-09-04 09:30 AM Inflation Rate YoY Aug 1.7% 1.8% 1.8%
2019-10-04 09:30 AM Inflation Rate YoY Sep 1.3% 1.7% 1.7%
2019-11-06 10:30 AM Inflation Rate YoY Oct 1.2% 1.3% 1.2%
2019-12-04 10:30 AM Inflation Rate YoY Nov 1.2% 1.3%


Luxembourg Prices Last Previous Highest Lowest Unit
Inflation Rate 1.20 1.30 4.99 -1.35 percent [+]
Harmonised Consumer Prices 106.50 106.54 106.54 65.25 Index Points [+]
Consumer Price Index CPI 105.89 105.90 106.06 95.06 Index Points [+]
Core Consumer Prices 105.85 105.81 106.00 70.84 Index Points [+]
Core Inflation Rate 1.70 1.60 2.90 -1.60 percent [+]
GDP Deflator 120.18 119.19 124.07 73.99 Index Points [+]
Producer Prices 104.24 104.74 109.22 48.89 Index Points [+]
Inflation Rate Mom -0.01 -0.15 1.90 -1.66 percent [+]
Producer Prices Change -4.20 -3.60 26.30 -14.00 percent [+]
Cpi Housing Utilities 105.33 105.04 105.74 97.48 Index Points [+]
CPI Transportation 105.07 105.06 105.40 98.21 Index Points [+]
Food Inflation 0.63 0.89 6.25 -1.14 percent [+]


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. This page provides - Luxembourg Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg Inflation Rate - actual data, historical chart and calendar of releases - was last updated on November of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.20 1.30 4.99 -1.35 1991 - 2019 percent Monthly
2015=100




Country Last Previous
Argentina 50.50 Oct/19 53.5
Australia 1.70 Sep/19 1.6
Brazil 2.54 Oct/19 2.89
Canada 1.90 Sep/19 1.9
China 3.80 Oct/19 3
Euro Area 0.70 Oct/19 0.8
France 0.80 Oct/19 0.9
Germany 1.10 Oct/19 1.2
India 4.62 Oct/19 3.99
Indonesia 3.13 Oct/19 3.39
Italy 0.20 Oct/19 0.3
Japan 0.20 Sep/19 0.3
Mexico 3.02 Oct/19 3
Netherlands 2.70 Oct/19 2.6
Russia 3.80 Oct/19 4
Saudi Arabia -0.70 Sep/19 -1.1
Singapore 0.50 Sep/19 0.5
South Africa 4.10 Sep/19 4.3
South Korea 0.00 Oct/19 -0.4
Spain 0.10 Oct/19 0.1
Switzerland -0.30 Oct/19 0.1
Turkey 8.55 Oct/19 9.26
United Kingdom 1.50 Oct/19 1.7
United States 1.80 Oct/19 1.7


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