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Unemployment September 2018Inflation rate October 2018Population 1.1.2018GDP growth 2017Public debt 2017

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Inflation has recovered significantly over the last few months. In November, the dissipation of the downward impact on childcare service vouchers will further accentuate this recovery. The projected acceleration of inflation, from 1.6% in 2018 to 1.9% in 2019, is based on that of underlying inflation, while price support for petroleum products will run out of steam next year.
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Annual inflation stable at 2.0%
07-11-2018 | STATEC

In October 2018, the national Consumer Price Index shows a monthly increase of 0.1% compared to the previous month. This movement is mainly explained by a new rise in prices of oil products. Compared to October of the previous year, the prices of the derivatives of the black gold in the basket of the index are higher of 16.7%. The increase reached even 32.4% for heating oil and 11.4% for gas.
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Disrupted growth
24-10-2018 | STATEC

Economic growth over the past four years has been revised downwards in the latest version of the national accounts (particularly 2016 and 2017). A number of exceptional phenomena weighed heavily on performance in some sectors, despite a globally positive economic climate.
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This represents a decrease of 1,208 people. The unemployment rate is 5.4%.
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STATEC publishes today the first estimates of the gross domestic product (GDP) for the second quarter of 2018, as well as revised figures for the previous quarters and the years 2014-2017. The GDP in volume increased by +3.1% during the second quarter of 2018 compared to the same quarter in 2017, and by 0.0% compared to the previous quarter.
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On the occasion of the International Day for the Eradication of Poverty on 17 October, STATEC is examining Luxembourg's social cohesion. The risk of poverty rate before social transfers reaches 29% of the population. If all cash transfers are taken into account, it drops to 18.7%.
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