Producer prices in Luxembourg decreased 1.7 percent year-on-year in December of 2020, following an upwardly revised 5 percent fall in the previous month. This was the sixth consecutive decrease in producer prices, as costs went down for consumer goods (-4.2 percent), intermediate goods (-1.3 percent) and energy (-2.8 percent). Equipment goods stood as the exception as their price increased by 0.3 percent. On a monthly basis, producer prices gained 1.8 percent. source: STATEC, Luxembourg
Producer Prices Change in Luxembourg averaged 1.98 percent from 1981 until 2021, reaching an all time high of 26.30 percent in April of 1982 and a record low of -14 percent in September of 2009. This page provides - Luxembourg Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.
Producer Prices Change in Luxembourg is expected to be -1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Luxembourg to stand at 1.80 in 12 months time. In the long-term, the Luxembourg Producer Prices Change is projected to trend around 1.80 percent in 2022 and 2.20 percent in 2023, according to our econometric models.