Conjoncture Flash August 2025: International environment in turmoil in the first semester
GDP growth in the United States and the eurozone was highly volatile in the first half of 2025, affected by expectations of a tougher US trade policy. The underlying trends reveal a certain loss of momentum in the United States.
- Environment remains difficult for vehicle sales
- Variable-rate loans are becoming attractive again
- Relatively large "green" funds in Luxembourg
- Slight rise in morale in the construction sector
- Improving employment prospects
- Inflation set to fall below the 2% target in Luxembourg in 2026
- USD 250 billion in American energy for Europe?
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This publication was produced by Bastien Larue and his team.
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