Food prices in Luxembourg surged by 10.49% year-on-year in October of 2022, up from an 8.77% rise in the previous month. It was the highest reading since available records began in January of 1996. source: STATEC, Luxembourg

Food Inflation in Luxembourg averaged 2.31 percent from 1996 until 2022, reaching an all time high of 10.49 percent in October of 2022 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 December of 2022.

Food Inflation in Luxembourg is expected to be 9.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Luxembourg Food Inflation is projected to trend around 4.20 percent in 2023 and 2.20 percent in 2024, according to our econometric models.

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Luxembourg Food Inflation

Related Last Previous Unit Reference
Inflation Rate 6.90 6.90 percent Oct 2022
Consumer Price Index CPI 118.02 117.00 points Oct 2022
Harmonised Consumer Prices 121.62 120.15 points Oct 2022
GDP Deflator 122.54 119.36 points Jun 2022
Producer Prices 149.00 147.41 points Oct 2022
Producer Prices Change 22.30 22.30 percent Oct 2022
Inflation Rate MoM 0.90 0.30 percent Oct 2022
Food Inflation 10.49 8.77 percent Oct 2022
CPI Transportation 121.76 119.93 points Oct 2022
CPI Housing Utilities 121.59 119.05 points Oct 2022