Conjoncture Flash January 2024: Industry runs out of steam
Industrial output continues to trend downward in Europe. There was a relatively sharp downturn in Luxembourg in 2023, but it caused little damage to the industry's workforce.
- Recovery in car sales in 2023
- House prices stabilise in the eurozone but fall in Luxembourg
- Less pressure on construction prices
- More job losses due to bankruptcies
- Net fund issues fall further
- Recovery in fuel sales fades away
- Sluggish growth in tax revenue
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