Annual inflation rate up from 3.6% to 3.7%

In April 2023, the national consumer price index, calculated by STATEC, shows a monthly increase of 0.9% under the effect of the rise in prices of certain services, triggered in particular by the indexation of salaries on 1 April. In addition, there is a seasonal effect on travel costs, as well as the continued increase in food prices.

The monthly inflation is largely due to the surge in service prices, which rose by 1.6% in one month. Nursing home fees are rising by 2.5% from 1 April. In addition, prices for housing maintenance and repair services rose by 2.2%. Price increases were also noted in the restaurant sector (+0.6%) and in home insurance (+3.2%). In addition, the pricing of medical and dental services is mechanically linked to wage indexation.