Luxembourg Producer Prices Fall at Softer Pace

Producer prices in Luxembourg fell 4.5% year-on-year in May 2026, following a 5.4% drop in the previous month and marking the tenth consecutive month of declines. The slower pace of decline reflected easing deflation across key categories, including consumer goods (-12.5% vs -13.6% in April), energy goods (-8.2% vs -8.3%), and intermediate goods (-2.7% vs -3.8%). Meanwhile, inflation for capital goods was unchanged at 1.7%. On a monthly basis, producer prices rose 0.8% in April, following a 1.2% increase in the prior month.

Producer prices in Luxembourg declined 5.4% year-on-year in April 2026, easing from a revised 7.8% drop in the previous month and marking the ninth consecutive month of contraction. The slower pace of decline reflected easing deflation across key categories, including consumer goods (-13.5% vs -15.9% in March), energy goods (-8.3% vs -19.1%), and intermediate goods (-3.8% vs -4.1%). Conversely, inflation for capital goods increased (1.7% vs 1.3%). On a monthly basis, producer prices rose 1.2% in April, following a 0.8% increase in the prior month.

Producer prices in Luxembourg fell 6.3% year-on-year in March 2026, easing from a revised 6.8% decline in the previous month. This marked the eighth consecutive month of producer deflation, as prices for intermediate goods continued to fall, though at a slower pace (-4.1% vs -5.5% in February), while costs for capital goods held steady at -9.2%. Meanwhile, deflation in energy goods deepened further to -15.9% from -13.1%, while prices for consumer goods were unchanged after declining 0.7% in February. On a monthly basis, producer prices increased 0.7% in March, following a 0.5% increase in the preceding period.