Luxembourg 15/12 - Retour sur un demi-siècle d'inflation

On the occasion of its 50th anniversary, STATEC looks back on half a century of inflation figures. Today, inflation is much lower than in the late 1970s and early 1980s. At that time, the successive oil shocks had boosted inflation in Luxembourg as in most industrialized countries. To this was added the crisis in the steel industry that has slowed down growth, creating years of "stagflation”. Since the 1990s, prices appear to be largely under control, with an average inflation rate of 2.2% over the past 20 years.