Conjoncture Flash December 2023: A (not so) unusual investment cycle
Investment spending on housing (new builds) is one of the aggregates most affected by the rise in interest rates. Luxembourg seems to have been more affected by this rise than the euro area, which could be one of the factors behind the decline in activity in 2023.
- Slight technical recession
- Reduction in volumes of assets in the financial sector
- Inflation lower than expected
- Are rates set to fall soon?
- Real wages rise again in the euro area
- Marked slowdown in some service activities
- Wind power now the largest source of renewable electricity
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This publication was produced by Bastien Larue and his team.
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