The annual inflation rate in Luxembourg dropped to 1.8 percent in January of 2019 from 1.9 percent in the prior month, hitting its lowest level since August. Prices were flat for transport (from 0.9% in December), amid falling prices of diesel (-1.3% vs 5.0%) and gasoline (-5.5% vs -3.1%) and slowed mainly for housing & utilities (2.7% from 3.3%), such as electricity, gas and others (5.9% vs 8.5%). Meantime, inflation was steady for recreation & culture (at 0.8%) and education (9%). In contrast, cost continued to rise for food & non-alcoholic beverages (2.6% vs 2.4%), namely fish and seafood (2.5% vs 1.7%), vegetables (11.8% vs 9.7%) and meat (2.5% vs 2.0%); miscellaneous goods & services (3.1% vs 2.6%); furnishings (1.3% vs 0.9%) and restaurants & hotels (3% vs 2.9%). On a monthly basis, consumer prices fell 0.9 percent, after decreasing 0.3 percent in the prior month. Inflation Rate in Luxembourg averaged 2.14 percent from 1991 until 2019, reaching an all time high of 4.99 percent in October of 2005 and a record low of -1.35 percent in January of 1999.

Inflation Rate in Luxembourg is expected to be 1.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Luxembourg to stand at 1.90 in 12 months time. In the long-term, the Luxembourg Inflation Rate is projected to trend around 1.80 percent in 2020, according to our econometric models.

Luxembourg Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-07 10:00 AM Inflation Rate YoY 2.01% 2.01% 1.7%
2018-12-05 10:30 AM Inflation Rate YoY 2.30% 2.01% 1.9%
2019-01-09 10:30 AM Inflation Rate YoY 1.9% 2.30% 1.8%
2019-02-15 10:30 AM Inflation Rate YoY 1.8% 1.9% 1.7%
2019-03-06 10:30 AM Inflation Rate YoY 1.8% 1.8%
2019-04-03 10:30 AM Inflation Rate YoY 1.7%
2019-05-08 09:30 AM Inflation Rate YoY


Luxembourg Prices Last Previous Highest Lowest Unit
Inflation Rate 1.80 1.90 4.99 -1.35 percent [+]
Harmonised Consumer Prices 103.58 104.78 105.64 65.25 Index Points [+]
Consumer Price Index CPI 103.40 104.32 104.69 95.06 Index Points [+]
Core Consumer Prices 104.25 104.09 104.25 70.84 Index Points [+]
Core Inflation Rate 1.40 1.40 2.90 -1.60 percent [+]
GDP Deflator 118.35 117.66 119.82 74.05 Index Points [+]
Producer Prices 105.94 107.68 109.22 48.89 Index Points [+]
Inflation Rate Mom -0.88 -0.32 1.90 -1.66 percent [+]
Producer Prices Change 3.00 5.10 26.30 -14.00 percent [+]
Cpi Housing Utilities 104.63 104.33 105.38 97.48 Index Points [+]
CPI Transportation 102.21 102.86 103.96 98.21 Index Points [+]
Food Inflation 2.56 2.35 6.25 -1.14 percent [+]


Luxembourg Inflation Rate

In Luxembourg, the most important category in the consumer price index is Transport (16.2 percent of total weight). Miscellaneous Goods and Services accounts for 15.8 percent; Housing and Utilities for 15.2 percent; Food and Non-Alcoholic Beverages for 12.2 percent; Furnishings, household equipment and routine household maintenance for 8.4 percent; Recreation and Culture for 7.9 percent and Restaurants and Hotels for 7.1 percent. Clothing and Footwear; Alcoholic beverages and tobacco; Communication; Health and Education account for the remaining 24.3 percent of total weight. This page provides - Luxembourg Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg Inflation Rate - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.80 1.90 4.99 -1.35 1991 - 2019 percent Monthly
2015=100




Country Last Previous
Argentina 48.90 Jan/19
Australia 1.80 Dec/18
Brazil 3.78 Jan/19
Canada 2.00 Dec/18
China 1.70 Jan/19
Euro Area 1.40 Jan/19
France 1.20 Jan/19
Germany 1.40 Jan/19
India 2.05 Jan/19
Indonesia 2.82 Jan/19
Italy 0.90 Jan/19
Japan 0.30 Dec/18
Mexico 4.37 Jan/19
Netherlands 2.20 Jan/19
Russia 5.00 Jan/19
Saudi Arabia -1.90 Jan/19
Singapore 0.50 Dec/18
South Africa 4.00 Jan/19
South Korea 0.80 Jan/19
Spain 1.00 Jan/19
Switzerland 0.60 Jan/19
Turkey 20.35 Jan/19
United Kingdom 1.80 Jan/19
United States 1.60 Jan/19


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