Conjoncture Flash October 2023 : Fall in activity impacts employment
The decline in economic activity is more marked in Luxembourg than in the euro area this year. This applies not only to the financial sector, where employment has held up rather well, but also to other sectors where staff numbers have been much more affected.
- Recent upturn in confidence in industry
- Luxembourg real estate among the most affected in the EU
- Bankruptcies having a greater impact on jobs
- Inflation 1/2: Free access to certain services curbs inflation in Luxembourg
- Inflation 2/2: Lower rise in food prices in Luxembourg
- Energy markets under pressure
- Tax revenues decline in the 3rd quarter
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