Cost of food in Luxembourg increased 8 percent in August of 2022 over the same month in the previous year. source: STATEC, Luxembourg
Food Inflation in Luxembourg averaged 2.27 percent from 1996 until 2022, reaching an all time high of 8 percent in August of 2022 and a record low of -1.14 percent in December of 2014. This page provides - Luxembourg Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg Food Inflation - values, historical data and charts - was last updated on September of 2022.
Food Inflation in Luxembourg is expected to be 10.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Luxembourg Food Inflation is projected to trend around 4.20 percent in 2023 and 2.20 percent in 2024, according to our econometric models.