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Unemployment July 2019Inflation rate July 2019Population 1.1.2018GDP growth 2018Public debt 2018

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Accidents des cyclistes

The government agreement for 2018-2023 provides for several measures that will influence household spending, including higher taxation of petroleum products (fuel oil and fuels) and free public transport. These two measures have a direct impact on household expenditure: free public transport will mean an annual saving of EUR 100 for the average household, while the increase in excise duty in May 2019 will result in an extra cost of EUR 20.
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Accidents des cyclistes

The energy transition makes it necessary to take a closer look at fuel consumption and household transport modes. According to data from the Household Budget Survey, the average annual expenditure in 2017 is EUR 1,260 for fuel for individual transport, EUR 420 for fuel oil and EUR 100 for public transport on the national territory.
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This represents an increase of 406 people. The seasonally adjusted unemployment rate calculated by STATEC is 5.5%.
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Note de conjoncture 1 2019

169,851 young people under 25 live in Luxembourg on 1 January 2019. They represent 27.7% of the total population. Their share oscillates between 22.7% in the capital and 34.9% in Putscheid. On the occasion of International Youth Day on 12 August, STATEC gathered statistics on young people under 25.
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Inflation remains well below 2% in the euro area, but Luxembourg has been flirting with this rate since the end of 2018. The dynamic evolution of prices for services contributes a lot. Over the coming months, national inflation should first slow down and then rebound following the wage indexation scheduled for the fourth quarter.
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In July 2019, the national Consumer Price Index, calculated by STATEC, fell by 0.7% compared to the previous month. As every year, this decline is explained by the price reductions offered during the summer sales. By neutralizing variations due to summer sales and excluding oil products, prices for other goods and services increased by 0.2%.
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regards frontaliers

In 2018 Luxembourg paid 11.5 billion euros of remuneration to incoming workers and received some 1.6 billion euros from outgoing frontier workers. Social security contributions exceed social benefits paid to non-residents by EUR 211 million.
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The mood among eurozone businesses has been flagging since 2018 and continues to show subdued growth in activity coming up to the summer. Services are holding up well, with some recent signs of recovery, but pessimism remains widespread among manufacturers.
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