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.