Conjoncture Flash August 2026: Despite the turbulent environment, economic activity holds steady
The turbulence linked to the international environment has been clearly reflected in business surveys over the past few months, both in the eurozone and in Luxembourg. Economic activity in the eurozone, however, held up well in the 2nd quarter and has shown moderate but steady growth over the past few quarters.
- Precipitation in Luxembourg: dry conditions
- Food inflation: risks of a rise are intensifying
- Slightly higher pressure on restaurant prices
- Recovery in temporary employment
- A (still) moderate acceleration in construction prices
- Strong rebound in investment fund valuations
- U.S. public debt continues to rise
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