Luxembourg's producer prices hiked 9.6 percent year-on-year in July of 2021, quickening from a 3.9 percent rise in the prior month. It was the steepest increase since April 2011, mainly driven by intermediate goods (18.2 percent vs 13.0 percent in June) and energy (6.6 percent vs 3.5 percent). A small contribution also came from equipment goods (0.4 percent vs 0.1 percent), while prices of consumer goods were falling at a softer pace in July (-7.4 percent vs -18.3 percent). On a monthly basis, producer prices advanced by 1.7 percent, easing from a 2.6 percent rise in June. source: STATEC, Luxembourg

Producer Prices Change in Luxembourg averaged 2 percent from 1981 until 2021, reaching an all time high of 26.30 percent in April of 1982 and a record low of -14 percent in September of 2009. This page provides - Luxembourg Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Producer Prices Change in Luxembourg is expected to be 9.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Luxembourg Producer Prices Change is projected to trend around 3.00 percent in 2022 and 2.20 percent in 2023, according to our econometric models.

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Luxembourg Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
9.60 3.90 26.30 -14.00 1981 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-05-31 11:00 AM Apr 2.2% 3.6% 2.9%
2021-06-30 10:00 AM May 2.0% 2.5% 2%
2021-07-30 10:00 AM Jun 3.9% 2.1% 2.3%
2021-08-31 10:00 AM Jul 9.6% 3.9% 10%
2021-09-30 10:00 AM Aug 9.6%
2021-10-29 10:00 AM Sep
2021-11-30 11:00 AM Oct
2021-12-21 11:00 AM Nov


News Stream
Luxembourg Producer Inflation at Over 10-Year High
Luxembourg's producer prices hiked 9.6 percent year-on-year in July of 2021, quickening from a 3.9 percent rise in the prior month. It was the steepest increase since April 2011, mainly driven by intermediate goods (18.2 percent vs 13.0 percent in June) and energy (6.6 percent vs 3.5 percent). A small contribution also came from equipment goods (0.4 percent vs 0.1 percent), while prices of consumer goods were falling at a softer pace in July (-7.4 percent vs -18.3 percent). On a monthly basis, producer prices advanced by 1.7 percent, easing from a 2.6 percent rise in June.
2021-08-31
Luxembourg Producer Prices Rise Most in 2-1/2 Years
Luxembourg's producer prices rose by 3.9 percent year-on-year in June 2021, the most since November 2018, with main upward pressure coming from: intermediate goods (12.9 percent); energy (3.5 percent); and equipment goods (0.1 percent). On the other hand, cost for consumer goods tumbled 18.3 percent. On a monthly basis, producer prices advanced by 2.6 percent in June, accelerating from a 1.3 percent gain in May.
2021-07-30
Luxembourg Producer Prices Rise for 4th Month
Luxembourg's producer prices rose by 2.0 percent year-on-year in May 2021, a fourth consecutive month of increases, with main upward pressure coming from: intermediate goods (7.9 percent); energy (3.4 percent); and equipment goods (0.1 percent). On the other hand, cost for consumer goods tumbled 14.5 percent. On a monthly basis, producer prices advanced by 1.2 percent in May, the same pace as in April.
2021-06-30
Luxembourg Producer Inflation Eases in April
Producer prices in Luxembourg increased by 2.2 percent year-on-year in April of 2021, easing from a 3.6 percent jump in the previous month, as prices of consumption goods plunged (-9.8 percent vs 4.4 in March). However, producer inflation quickened for both intermediate goods (6.7 percent vs 4.6 percent) and energy (3.4 percent vs 3.0 percent), while it flattened for equipment goods (0.0 percent vs -0.1 percent). On a monthly basis, producer inflation slowed to 0.8 percent, from 1.6 percent in the prior month.
2021-05-31

Luxembourg Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.