Luxembourg Food Inflation  Forecast


Food Inflation in Luxembourg is expected to be 2.59 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Luxembourg to stand at 2.36 in 12 months time. In the long-term, the Luxembourg Food Inflation is projected to trend around 2.21 percent in 2020, according to our econometric models.


Luxembourg Food Inflation
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Luxembourg Prices Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Inflation Rate 2 1.6 1.8 1.7 1.9 2.4
Harmonised Consumer Prices 103 102 102 102 102 102
Consumer Price Index CPI 103 102 102 102 102 101
Core Consumer Prices 103 102 103 102 102 102
Core Inflation Rate 1.7 1.58 1.57 1.57 1.57 1.57
GDP Deflator 111 111 112 111 111 111
Producer Prices 103 107 109 111 111 122
CPI Transportation 101 101 101 100 100 99.85
Food Inflation 2.55 2.59 2.48 2.41 2.36 2.21
Producer Prices Change 0.9 -2.15 -3.12 -3.49 -3.63 -3.72
Inflation Rate Mom 1.2 -0.07 0.12 0.16 0.16 0.16