Producer prices in Luxembourg increased 4.5 percent year-on-year in October of 2018, following an upwardly revised 4.3 percent gain in the previous month. Cost advanced faster for intermediate goods (6.2 percent from 5.7 percent in September) and energy (5.2 percent from 5.1 percent), while falling less for equipment (-0.5 percent from -0.6 percent). Contrarily, prices slowed for consumer goods (3.2 percent from 3.4 percent). On a monthly basis, producer prices went up 1.3 percent, after showing no growth in September. Producer Prices Change in Luxembourg averaged 2.15 percent from 1981 until 2018, reaching an all time high of 26.30 percent in April of 1982 and a record low of -14 percent in September of 2009.
Producer Prices Change in Luxembourg is expected to be 3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Luxembourg to stand at 2.40 in 12 months time. In the long-term, the Luxembourg Producer Prices Change is projected to trend around 2.00 percent in 2020, according to our econometric models.