Conjoncture Flash August 2024: Recovery under threat
Second-quarter GDP growth in the eurozone provided further evidence of the recovery observed in the previous quarter. However, more negative signals are beginning to emerge as we enter the summer (including in Luxembourg), pointing to a less buoyant climate than previously expected.
- Tailwinds benefit air transport
- Vehicle registrations struggling in Luxembourg
- Mortgages recover
- Roller-coaster ride for stock markets in August
- Tobacco prices increase, especially in neighbouring countries
- Decline in German and Belgian cross-border employment
- Oil and gas prices less volatile in 2024
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