Cost of food in Luxembourg increased 6.39 percent in January of 2024 over the same month in the previous year. Food Inflation in Luxembourg averaged 2.67 percent from 1996 until 2024, reaching an all time high of 13.27 percent in March of 2023 and a record low of -1.14 percent in December of 2014. source: STATEC, Luxembourg

Food Inflation in Luxembourg is expected to be 5.00 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 2.40 percent in 2025, according to our econometric models.

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Luxembourg Food Inflation

Related Last Previous Unit Reference
Inflation Rate 3.50 3.51 percent Jan 2024
Consumer Price Index CPI 120.61 121.17 points Jan 2024
Harmonised Consumer Prices 122.31 122.85 points Jan 2024
GDP Deflator 124.89 125.12 points Sep 2023
Producer Prices 146.58 146.62 points Dec 2023
Food Inflation 6.39 7.21 percent Jan 2024
CPI Transportation 118.33 118.27 points Jan 2024
CPI Housing Utilities 121.74 121.13 points Jan 2024
Inflation Rate MoM -0.50 -0.15 percent Jan 2024
Producer Prices Change -1.40 -1.10 percent Dec 2023

Luxembourg Food Inflation
Actual Previous Highest Lowest Dates Unit Frequency
6.39 7.21 13.27 -1.14 1996 - 2024 percent Monthly