Luxembourg Consumer Spending  Forecast


Consumer Spending in Luxembourg is expected to be 3578.23 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Luxembourg to stand at 3570.15 in 12 months time. In the long-term, the Luxembourg Consumer Spending is projected to trend around 3545.26 EUR Million in 2020, according to our econometric models.


Luxembourg Consumer Spending
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Luxembourg Consumer Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Consumer Confidence 15 13.95 13.49 12.96 12.47 8.97
Retail Sales Mom -0.4 3 0.1 0.1 0.1 2.4
Retail Sales Yoy 14.7 9.73 8.56 7.74 7.16 5.83
Consumer Spending 3584 3578 3576 3573 3570 3545
Personal Savings 17.39 19.92 19.53 19.15 18.77 18.98
Consumer Credit 1575 1554 1543 1534 1524 1449
Bank Lending Rate 1.77 1.86 1.95 2.05 2.14 2.67
Gasoline Prices 1.37 1.36 1.36 1.36 1.36 1.34
Households Debt To Gdp 59.2 58.88 58.8 58.7 58.6 57.69
Households Debt To Income 143
Consumer Confidence Current Conditions 0 -4.01 -6.41 -8.46 -10.22 -18.09
Consumer Confidence Economic Expectations 2.6 -3.12 -5.14 -6.61 -7.68 -10.33
Consumer Confidence Financial Expectations 2.8 2.64 2.51 2.39 2.28 1.7
Consumer Confidence Major Purchases Expectations -4.3 -13.61 -14.37 -14.82 -15.1 -15.55
Consumer Confidence Price Trends 9.1 12.02 12.54 12.95 13.28 14.42
Consumer Confidence Savings Expectations 46 45.64 45.26 44.99 44.81 44.44
Consumer Confidence Unemployment Expectations -4.6 11.03 16.71 20.75 23.58 30